Eurozone unemployment falls to record low; US GDP growth revised down – as it happened | Business

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Eurozone unemployment rate falls to record lowNewsflash: unemployment across the eurozone has fallen to a new record low, a week before Europeans head to the polls for the European Parliament elections.Statistics body Eurostat reports that the seasonally-adjusted unemployment rate across the euro area fell to 6.4% in April, down from 6.5% in March. That’s the lowest since the single currency was created, Eurostat data shows.In the wider EU, the jobless rate remained at 6%.This suggests that the higher interest rates imposed by the European Central Bank to fight inflation is not hurting…



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