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Eurozone jobless hits Euro-era high

Unemployment across the Eurozone was a record 11.2% in June. Eurostat says another 123,000 peopl...
Newstalk
Newstalk

10.56 31 Jul 2012


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Eurozone jobless hits Euro-era...

Eurozone jobless hits Euro-era high

Newstalk
Newstalk

10.56 31 Jul 2012


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Unemployment across the Eurozone was a record 11.2% in June.

Eurostat says another 123,000 people were out of work in the Euro area last month.

This is seen as a new Euro-era high.

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But the number also shows big differences  with unemployment as low as 4.5 % in Austria and as high as 24.8% in Spain.

Spain slid deeper into recession in the 2nd quarter as a tough new round of austerity affected both overall demand and the prices consumers have to pay for goods.


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