Latest data out of Europe: unemployment levels held steady last month across both the eurozone and broader EU.

October numbers show the euro area maintaining a 6.4% jobless rate—unchanged from September's figure. Meanwhile, the EU-wide unemployment rate sat at 6.0%, also flat month-over-month.

These employment metrics matter for crypto traders tracking macro conditions. Stable job markets can influence central bank policy decisions, which ripple through risk assets including digital currencies. With the European economy showing no major labor market shifts, investors might anticipate continued monetary policy trajectories from ECB policymakers heading into year-end.