{"id":105982,"date":"2021-02-01T11:43:03","date_gmt":"2021-02-01T11:43:03","guid":{"rendered":"https:\/\/fin2me.com\/?p=105982"},"modified":"2021-02-01T11:43:03","modified_gmt":"2021-02-01T11:43:03","slug":"euro-zone-dec-unemployment-stable-at-8-3-as-expected","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/euro-zone-dec-unemployment-stable-at-8-3-as-expected\/","title":{"rendered":"Euro zone Dec unemployment stable at 8.3% as expected"},"content":{"rendered":"<figcaption>FILE PHOTO: People visit the Pole Emploi (National Agency for Employment) stand at the Young Entrepreneurs fair in Paris, France, February 7, 2018. REUTERS\/Charles Platiau<\/figcaption><p>BRUSSELS (Reuters) &#8211; Euro zone unemployment was stable at 8.3% of the workforce in December, the European Union\u2019s statistics office Eurostat said on Monday, despite continued coronavirus lockdowns in most euro zone countries.<\/p>\n<p>Still, Eurostat said 13.671 million people were out of work in the 19 countries sharing the euro in December, up from 13.616 million in November.<\/p>\n<p>In Belgium, Ireland, Cyprus, Lithuania, the Netherlands, Portugal and Slovakia the number of people unemployed actually fell in December, but it rose slightly in other countries, such as Germany, France and Italy.<\/p>\n<p>To keep unemployment levels down during the pandemic, euro zone countries have been using furlough systems where governments subsidise a portion of wages to help employers keep staff on their payrolls. This prevents layoffs and means production capacity can more easily rebound.<\/p>\n<p>Source: <a href=\"https:\/\/www.reuters.com\/article\/us-eurozone-unemployment\/euro-zone-dec-unemployment-stable-at-8-3-as-expected-idUSKBN2A11Z0\" target=\"_blank\" rel=\"noopener noreferrer\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FILE PHOTO: People visit the Pole Emploi (National Agency for Employment) stand at the Young Entrepreneurs fair in Paris, France, February 7, 2018. REUTERS\/Charles PlatiauBRUSSELS [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":105981,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Euro zone Dec unemployment stable at 8.3% as expected - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/markets\/euro-zone-dec-unemployment-stable-at-8-3-as-expected\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Euro zone Dec unemployment stable at 8.3% as expected - Fin2me\" \/>\n<meta property=\"og:description\" content=\"FILE PHOTO: People visit the Pole Emploi (National Agency for Employment) stand at the Young Entrepreneurs fair in Paris, France, February 7, 2018. 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