Eurozone June unemployment rate 6.4% vs 6.5% expected

<ul><li>Prior 6.5%; revised to 6.4%</li></ul><p>The euro area jobless rate holds steady in June after the revision to the May reading and that continues to hint that labour market conditions are still holding up well in the region. That is at least a positive development for the ECB in spite of the intensifying economic slowdown as we head into Q3.</p>

This article was written by Justin Low at www.forexlive.com.