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Eurostat released its unemployment data for the Eurozone on Wednesday. Eurozone's unemployment rate fell to 11.1% in April from 11.2% in March. It was the lowest level since February 2012.

 

 

March's figure was revised down from 11.3%.

 

 

Analysts had expected the unemployment rate to remain unchanged at 11.2%.

 

 

There were 17.846 million unemployed in the Eurozone in April, down 130,000 from March.

 

 

The lowest unemployment rate in the Eurozone in April was recorded in Germany (4.7%), and the highest in Greece (25.4% in February 2015) and Spain (22.7%).

 

 

The youth unemployment rate declined to 22.3% in the Eurozone in April from 22.6% in March.



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