EU: Unemployment hits 7.6% in October

By Aysu Bicer

ANKARA (AA) - The EU's unemployment rate hit 7.6% in October, the bloc's statistical office announced Wednesday.

Compared to September, the number of unemployed in the EU fell by 91,000, Eurostat said.

Yet the unemployment rate was up from 6.6% a year earlier, in October 2019, reflecting the continued economic fallout from the COVID-19 pandemic.

Unemployment in the EU rose annually by 2.1 million.

The youth unemployment rate in the EU in October was 17.5%, up from 17.4% the previous month.

In October youth unemployment rose by 404,000 in EU member states compared to the same month last year.

The unemployment rate for women was 8%, while for men it was 7.2%.​​​​​​​