Europe - Voice of America: Eurozone Jobless Rate Hits Record High

Europe - Voice of America europe

Eurozone Jobless Rate Hits Record High Jun 1st 2012, 14:28 The unemployment rate in Europe's 17-nation euro currency bloc has risen to a record 11 percent. The European Union said Friday that more than 17 million people were out of work in the eurozone as government austerity measures continue to take their toll on new hiring. The EU revised its March jobless rate up a notch to 11 percent and said the figure was matched in April, the highest level since records were first kept in 1995. Analysts said the eurozone's stagnant economy ... Media files: 33A0D254-307A-4507-8092-A00478F691E2_cx2_cy0_cw96_w800_r1.jpg (image/jpeg, 0 MB)

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