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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

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Eurozone Crisis: Unemployment rate at record high

Eurostat reported on Tuesday that the Eurozone unemployment is at a record high of 11.2%, leaving 17.8 million people out of work. This makes it the highest since the euro was formed in 1999. The increase, being the 14th in

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Eurozone must shift from austerity to job creation- warns ILO

The International Labor Organization (ILO) has warned that the Eurozone could lose 4.5 million more jobs in the next four years if it decides to continue with the austerity measures. “Unless targeted measures are taken to increase real economy investments,

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Eurozone Unemployment Hits New High Record

With a total of 17.56m people now out of work, unemployment in the Eurozone hit 11.1% in May. Eurozone marks its highest level since 1995, according to EU statistics body Eurostat. Unemployment in the market has been rising for the

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Eurozone jobless rate hits record high

Unemployment in the eurozone reached a record high again in March as spending cuts continued to hit the working population. For all 17 nations in the Eurozone, the jobless rate rose again to 10.9%, the highest since the euro was

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