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18,002,000 jobless in Eurozone

in International Business

18,002,000 jobless in Eurozone

Eurozone unemployment hits a record high, with 88,000 more people added to the jobless total, totaling in 18,002,000 jobless.

The record is the highest since 1995.

Spaniards face the highest unemployment rate in the Eurozone at 25.1%. The lowest rate was in Austria, at 4.5%.

Compared with a year ago, the unemployment rate fell in 10 eurozone countries, increased in 16 and remained stable in Slovenia.

The largest falls were observed in Estonia (13.2% to 10.1%), Lithuania (15.2% to 13.0%) and Latvia (17.0% to 15.9%)

Meanwhile, the highest increases were registered in Greece (16.8% to 23.1%), Spain (21.7% to 25.1%) and Cyprus (7.7% to 10.9%).


Tags assigned to this article:
eurozone unemployment

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