Eurozone unemployment rate steadied in November Buz Investors Eurozone unemployment rate steadied The seasonally adjusted unemployment rate in the Euro Area stood at 9.8 percent in November 2016, unchanged from a seven-year low in the previous month and lower than 10.5 percent a year earlier. Among the Member States, the lowest unemployment rates were recorded
Republicans are now trying to deny this by using a different measure of unemployment, the U6, which includes retired people and students as being "unemployed". The measuring stick for unemployment, in both the Republican and Democratic administrations has been the U3. The U3 is now lower under Obama than at any time under Reagan.
#ThanksObama: Unemployment Rate Falls to 9-Year Low With less than two months remaining in his term, President Barack Obama has once again set a precedent with one of the lowest unemployment rates in almost a decade.