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Investing.com -- The euro zone unemployment rate remained at a record low in June, signaling continued resilience in the bloc’s economy despite global trade tensions, according to data released by Eurostat on Thursday.
The jobless rate in the 20 nations sharing the euro stayed steady at 6.2% in June, with the May figure revised downward to 6.2% from the previously reported 6.3%, Eurostat reported.
In the broader European Union, unemployment also held stable at 5.9%.
The number of unemployed people in the euro area decreased to 10.70 million in June, down from 10.76 million in May and 10.99 million in the same month last year.
These figures suggest the euro zone continues to grow, albeit at a slow pace, while maintaining resilience against the negative effects of the ongoing global trade war.
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