Eurozone Unemployment Stays Low Despite Slowing Economy, Raising Concerns of Prolonged Inflation
- Lagarde says euro zone labour market shows no sign of weakening despite near recession
- Unemployment numbers remain low despite ECB's record string of interest rate hikes
- Low unemployment worrying as it could lead to persistently high inflation
- ECB raising rates to dampen demand
- Wage growth in euro zone at highest level in years