Friday, June 1, 2012

Eurozone unemployment rate sticks at 11%

Students and the unemployed take part in a protest against austerity cuts and lack of jobs in Naples

Unemployment in the eurozone was 11% in April, unchanged from March, but still the highest since the currency bloc was formed.

Spain had the highest rate in the eurozone at 24.3%, while while Austria had the lowest at 3.9%, according to the official figures from Eurostat.

A seasonally adjusted total of 17.4 million people were unemployed in the eurozone, up from 17.3 million.

In the 27-nation European Union, the jobless rate was 10.3%, up from 10.2%.



Source & Image : BBC

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