Eurozone September unemployment rate 8.3% vs 8.2% expected

Latest data released by Eurostat – 30 October 2020

  • Prior 8.1%; revised to 8.3%

Euro area unemployment ticks a little higher at the end of Q3 but the downside effects to the labour market are still largely masked by the furlough programs across the region. That continues to make this release a complex one to really interpret.