In May, the International Labor Organization (ILO) measured the unemployment rate in the eurozone, which consists of 20 member countries, at 6.4 percent. This was consistent with the previous month’s figures and a decrease of 0.1 percentage points compared to the same time last year, according to the European Statistical Office. Across the entire European Union (EU), the unemployment rate also remained stable at six percent in May, maintaining the same level as in April and May of the previous year.
The estimated number of unemployed individuals in the EU in May was 13.2 million, with 11.08 million residing in the eurozone. Unemployment numbers increased slightly in May, rising by 38 thousand in the eurozone and 13 thousand in the EU on a monthly basis. Yearly comparisons showed an increase of three thousand in the eurozone and 163 thousand in the EU.
Spain and Greece were
