Eurozone May unemployment rate 7.4% vs 7.7% expected

Latest data released by Eurostat – 2 July 2020
– 7.3%
The jobless rate comes in lower-than-expected once again and is only a touch higher relative to April. Once again, I'd want to caution against looking too much into this as the figures are a bit skewed by government furlough programs and also the fact that