Euro-Area Joblessness Declines to Lowest Level Since Early 2012

Updated on
  • Unemployment rate in 19-nation region dropped to 10.9% in July
  • PMI data signal recovery driven by Germany as France struggles

Stock Selloff in Europe Shows No Sign of Slowing

Unemployment in the euro area unexpectedly declined to its lowest level in more than 3 years, signaling the region’s recovery is gaining pace even as dark clouds from China draw on the horizon.

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