BRUSSELS—Eurozone unemployment fell to its lowest level on record in December, data showed on Tuesday, testament to the strength of the economic recovery and the effectiveness of part-time work schemes used to preserve jobs during pandemic lockdowns.
The European Union’s statistics office Eurostat said the unemployment rate in the 19 countries sharing the euro fell to 7.0 percent of the workforce from a revised 7.1 percent in November—the lowest rate on record since measurements started in April 1998.