Tuesday, April 02, 2013

Eurozone unemployment hits all-time high: 19 million out of work


Eurozone unemployment levels have hit 12 percent – the highest in the history of eurozone record-keeping, since the currencywas launched in 1999.

The average unemployment rate across the eurozone’s 17 constituent European Union countries rose from January’s initial 11.9 percent high to 12 percent in February, meaning a further 33,000 people were put out of work. Overall, 19.071 million are jobless across Europe.

Some countries, including Spain and Greece suffered unemployment rates as high as 26 percent over the month of February
.... http://www.fromthetrenchesworldreport.com