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Image header Agence Europe
Europe Daily Bulletin No. 10646
ECONOMY - FINANCE - BUSINESS / (ae) economy

Unemployment hits record high of 11.1% in eurozone in May

Brussels, 02/07/2012 (Agence Europe) - Unemployment hit a record high of 11.1% in the eurozone in May 2012, compared with 11% in April. This is the thirteenth month in a row in which unemployment has stood at 10% or higher. According to estimates published by Eurostat on Monday 2 July, 17.561 million people were registered unemployed in the eurozone in May, some 88.000 higher than in April.

Spain has the highest unemployment figures, 24.6% in May 2012, with 52.1% of under-25-year-olds out...

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