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Image: Camille Brodard ~ Kmile Feminine Creative Designer on Unsplash
Nearly 3 million people under 25 were unemployed in EU September 2020 which is 17.1% With the lockdowns, this makes sense as the service sector, supported by young staffs, was the first to go as government magically told its citizens what jobs were essential. As the report points out, the drop in unemployment from August by 97,000 could simply mean younger workers have given up.
EURUSD opens at 1.165 today.