Europe Celebrates Lowest Unemployment in Years

Europe celebrates lowest unemployment in years

The EU has hit a major milestone in 2024, with unemployment falling to 5.9 per cent, the lowest level since records began in 2009 – according to Eurostat’s latest labour force survey published on Thursday, May 23. However, Spain continues to top the EU’s unemployment charts. The EU’s unemployment rate has been dropping steadily since 2021, but this year marks the most significant progress… Source

The general trend is positive, but there are large differences among the European Union members.