Eurozone unemployment falls to 10.5% in November

Brussels, January 7 - Unemployment across eurozone countries fell by 0.1% to 10.5% in November from 10.6% the previous month, Eurostat said Thursday. This translated into 16.924 million people out of work. Year-on-year figures showed a drop of 0.95% from 11.5% in November 2014. Unemployment across the 28-member European Union also fell by 0.1% month-on-month, from 9.2% in October to 9.1% in November. This translated into 22.159 million people out of work. Youth unemployment across the eurozone also showed a drop of 0.1% with respect to October, falling to 22.5%, but a rise of 0.1% over September. Year-on-year figures showed a reduction of 0.7% from 23.2% in November 2014.