The unemployment rate in the euro zone and EU fell in December for the 15th month running to its lowest level in a little more than four years, according to data published by European statistics agency Eurostat.
In December 2015, unemployment rate in euro zone fell to 10.4%, while unemployment rate in EU fell to 9%.
Statistics agency Eurostat said the number of people out of work decreased by 49,000 to a total of 16.75 million. The last time unemployment was lower was October 2011. As a result, the unemployment rate fell from 10.5% to 10.4%, which is its lowest since September 2011.
Despite the positive signals, though, Greece is again on the top of the unemployment rate list with 24.5%, followed by Spain with 20.8% and Croatia with 16.5%, while the lowest rates were recorded in Germany and the Czech Republic with 4.5%, and Malta with 5.1%.