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Eurozone unemployment rose slightly in August 2025, driven by weaker growth in the north, despite overall labor market resilience.
The eurozone's unemployment rate rose to 6.3% in August 2025 from 6.2% in July, according to Eurostat, with 11,000 more people unemployed, though the rate remains near historic lows.
The increase, driven by slower growth in northern Europe, contrasts with job market improvements in southern economies like Spain, Italy, and Greece.
Despite the uptick, the labor market remains resilient, supporting expectations that the European Central Bank may cut interest rates in 2026 after maintaining them steady.
In the U.S., job losses in the private sector and declining consumer confidence contrasted with a rebound in job openings and rising home sales.
El desempleo de la eurozona aumentó ligeramente en agosto de 2025, impulsado por un crecimiento más débil en el norte, a pesar de la resistencia general del mercado laboral.