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Record High Eurozone Unemployment |
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Tuesday, 31 January 2012 |
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Unemployment in the eurozone hit a record high at the end of last year, the Eurostat agency has said, BBC reports.
The jobless rate in the 17 countries that use the
single currency was 10.4% in December, unchanged from November's figure
which was revised up from 10.3%.
Some 16.5 million people were out of work in the eurozone in December, up 751,000 on the year before.
The highest unemployment rate remains in Spain (22.9%), while the lowest is in Austria (4.1%).
Unemployment has been rising throughout 2011, as the
debt crisis in the region has continued. In December 2010, the
unemployment rate in the euro area was 10%.
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