The Euro Area harmonised unemployment rate remained flat at 6.2% in May. Goldman Sachs marginally upgraded its Q2 GDP tracking estimate following strong employment data in Spain.
Key Takeaways
- 1.The area-wide unemployment rate in the Euro Area remained flat at 6.2% in May.
- 2.Q2 GDP tracking estimates were slightly upgraded due to strong employment data in Spain.
Table of Contents
- Euro Area Data Update: Area-Wide Unemployment Rate at 6.2%
- Disclosure Appendix
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Authors
Giovanni Pierdomenico
Themes
Euro Area Labor Market StabilityGDP Tracking Estimates
Regions
EuropeGermanyFranceItaly