By Don Nico Forbes
The eurozone's unemployment rate matched a record low in May, reflecting continued resilience despite elevated economic disruptions caused by conflict in the Middle East.
The jobless rate across the 21-member currency bloc was unchanged in May, following a downward revision to 6.2% for April, according to European statistics agency Eurostat.
A consensus of economists polled by The Wall Street Journal had expected a higher reading of 6.3%.
High energy prices continued to pile pressure on businesses across the eurozone in May, with manufacturers reporting sharp increases in input costs.
Still, the labor market has remained resilient throughout the conflict. And constraints are likely to ease from June after cooling tensions between the U.S. and Iran caused energy prices to tumble.
Write to Don Nico Forbes at don.forbes@wsj.com