Latest update: 31/07/2009 

- Economic crisis - eurozone - unemployment


Eurozone unemployment reaches new 10-year high
Eurozone unemployment reaches new 10-year high
The jobless rate across the EU rose to 9.4 percent in June, its highest level since September 1999. Seasonally adjusted unemployment stood at 9.4 percent, up from 9.3 percent in May, the Eurostat data agency said.
By News Wires (text)

AFP - The unemployment rate in the 16 nations using the euro single currency rose slightly in June as companies continued to shed jobs to weather Europe's worst post-war recession, EU data showed Friday.

Seasonally adjusted unemployment stood at 9.4 percent, up from 9.3 percent in May, the European Union's Eurostat data agency said. The figure stood at 7.5 percent 12 months ago.

It meant that the number of people out of work rose by 158,000 over the month, to bring the total number of job seekers in the single currency bloc to 14.9 million.

The unemployment rate in the full 27-nation EU stood at 8.9 percent in June, also up by 0.1 percentage point over May. This compares to a rate of 6.9 percent in June 2008, Eurostat said.

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