- However, with inflation dropping, the likelihood of ECB monetary assistance to support the economy may be rising. The unemployment rate across the eurozone in January rose to a fresh record high of 11.9% in January. However, headline figures continue to mask huge country level variations, and the goods news, especially in the context of declining inflation, is that the likelihood of further monetary assistance from the ECB may be rising. The seasonally adjusted unemployment rate across the eurozone in January rose to an all-time high of 11.9%, up from 11.8% in the previous month. One year earlier, in…