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[Adventurer]

Last Updated: Friday, 30 March 2007, 14:34 GMT 15:34 UK

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Record low for euro jobless rate

German exporters have been hiring more staff
Unemployment in the eurozone in February was at its lowest rate since records began, official figures show.
Data from Eurostat showed that the seasonally adjusted jobless rate among the 13 countries using the euro was 7.3%, down from 7.4% in January.

Earlier this week, both Germany and France said that companies expanding had helped to cut unemployment.

Eurostat figures also showed annual inflation in the eurozone rose to 1.9% in March, up from 1.8% in February.

The European Central Bank is keen to keep inflation just below 2%, and having raised interest rates by a quarter percentage point to 3.75% this month, is tipped to increase them again, as soon as June

http://news.bbc.co.uk/2/hi/business/6511103.stm

[JeJuJitsu]

7.3 is low? Damn, Europeans are lazier than trailer-park US southern rednecks.