Monday, October 1, 2012

Eurozone unemployment for August 2012 at record high of 11.4%-BBC

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10/1/12, "Eurozone unemployment at fresh high," BBC

"Unemployment in the eurozone hit a fresh high of 18.2 million in August, the EU statistics agency has said.
The number of people out of work rose by 49,000, but revised data for July meant the unemployment rate remained stable at a record high of 11.4%.
The highest unemployment rate was recorded in Spain, where 25.1% of the workforce is out of a job, and the lowest of 4.5% was recorded in Austria.

The unemployent rate in Germany was 5.5%, Eurostat said.

Across the wider European Union, unemployment rose by 34,000, with the unemployment rate stable at 10.5%."

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