Data released on Tuesday showed that the unemployment rate in the Eurozone remains at historically low levels, which intensifies inflationary pressures. The unemployment rate in November was 6.3%, unchanged for the fourth consecutive month. The low unemployment rate indicates that the labor market remains tight, allowing workers to demand higher wage increases and push prices up. The unemployment rates in major Eurozone economies remained stable or low in November, except for France, where an economic downturn and political stalemate after the summer led to a slight rise in the unemployment rate for that month.