Eurozone Unemployment Falls to New Record Low of 6.6 Percent in May

Eurozone Unemployment Falls to New Record Low of 6.6 Percent in May
Construction workers try to throw down a beam in downtown Madrid, Spain, on July 23, 2015. Andrea Comas/Reuters
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BRUSSELS—Eurozone unemployment fell to a new record low in May as the economy continued to rebound from the COVID-19 pandemic, even if inflation exacerbated by Ukraine’s crisis is expected to dampen growth.

The European Union’s statistics office Eurostat said on Thursday that unemployment in the 19 countries sharing the euro fell to 6.6 percent of the workforce in May from a revised 6.7 percent in April.