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Al Mayadeen's correspondent: A squadron of aircraft was heard flying over several Iraqi cities, likely Iranian drones
Al Mayadeen's correspondent: The US President is currently chairing a National Security Council meeting
Islamic endowments in occupied al-Quds: Occupation forces arrested two Al-Aqsa guards and raided the mosque's prayer halls
Iranian state TV: Iranian drones on their way to the occupied territories
IRGC Chief of Staff, Abdolrahim Mousavi: The Iranian nation has proven its resolve, never surrendering in the face of aggression
IRGC spokesperson: This operation will continue and will destabilize the occupation regime
IRGC spokesperson: The 19th wave of Operation True Promise 3 put the Israeli regime's overwhelmed defense system on alert
Al Mayadeen correspondent in Iran: A new wave of Iranian missiles has been launched toward the occupied Palestinian territories.
Yemeni Armed Forces: The battle is the battle of the entire Ummah and for its salvation.
Yemeni Armed Forces: We cannot tolerate any US attack or aggression in support of the Israeli enemy against Iran because it means the confiscation of the freedom, independence, and dignity of our nation.

Unemployment in Eurozone hits historic low in December

  • By Al Mayadeen Net
  • Source: Agencies
  • 1 Feb 2022 15:01
1 Min Read

Official figures show that Europe is beginning to shrug off the spread of the Omicron variant, with the jobless rate standing at an all-time low.

  • x
  • The jobless rate for those under 25 fell to an all-time low of 14.9%
    The jobless rate for those under 25 fell to an all-time low of 14.9%

The eurozone's jobless rate fell to a new low in December, according to official figures.

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It seems Europe may be recovering from the effects of the spread of COVID-19's omicron variant, with hiring making a solid recovery as the seasonally-adjusted unemployment rate stood at 7% in December. This number is the lowest since the official Eurostat statistics agency began its records in April 1998.

Eurostat revealed that almost 13.6 million people were left unemployed in the EU in December, 11.5 million of which were in the eurozone. The year-on-year improvement showed a drop from 7.5%, meaning 1.8 million fewer people were seeking work.

The change in numbers is attributed to the radical change with which the EU tackled the pandemic, agreeing on a spending push instead of the austerity path it had chosen between 2010 and 2015.

  • euro zone
  • Omicron variant
  • Unemployment
  • Unemployment rates

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