The latest data shows that the unemployment rate in the euro area was 6.4% in August, remaining at historically low levels. Ing Groep economist Bert Colijn stated that although the Eurozone economy is weakening, it has not yet resulted in more people becoming unemployed, but this situation may change. He pointed out in a research report that despite the economic slowdown, there is still strong labor demand, leading to concerns about productivity development, but this also promotes household income growth and strengthens short-term confidence. However, companies still consider labor shortages as a primary issue, despite further relaxation in the job market. He said: "With economic growth slowing down, an increase in bankruptcy cases, and a decrease in job vacancies, the unemployment rate may slightly rise, which may attract attention."