Open

Coming up

Don't miss

Replay


LATEST SHOWS

#THE 51%

Breaking stereotypes

Read more

#TECH 24

Galaxy S5 v. HTC One (M8): Which is the right one for you?

Read more

FRANCE IN FOCUS

New PM Manuel Valls outlines priorities

Read more

FASHION

Jean-Marc Loubier, bags and shoes.

Read more

ENCORE!

Hip-hop musician Beat Assailant on mixing the sounds of the city

Read more

REVISITED

In Prijedor, survivors fight to keep memory alive

Read more

FOCUS

Bosnia: Hopes of change among disempowered citizens

Read more

IN THE PAPERS

¡Gracias, Gabo!

Read more

IN THE PAPERS

The Socialist rebellion grows

Read more

  • Algeria's ailing Bouteflika clinches fourth term amid fraud claims

    Read more

  • Ukraine separatists say ‘not bound’ by Geneva deal

    Read more

  • Abel Ferrara’s hotly awaited DSK film to premiere on web

    Read more

  • World honours Garcia Marquez’s magical literary legacy

    Read more

  • Analysis Ukraine: ‘One bloody incident could scupper Geneva deal’

    Read more

  • Top Hollande adviser resigns over conflict of interest accusation

    Read more

  • Police seek arrest warrant for South Korea ferry captain

    Read more

  • Indian election: Votes for sale

    Read more

  • West African Ebola outbreak caused by new strain of virus

    Read more

  • Astronomers discover Earth-like planet that could support life

    Read more

  • Video: Tensions remain high in Mariupol despite Geneva deal

    Read more

  • In Prijedor, survivors fight to keep memory alive

    Read more

  • Deadly avalanche strikes Everest in worst-ever disaster

    Read more

  • With a strong French presence, veterans and fresh faces, Cannes aims to please

    Read more

  • Russia and West agree on steps to ease Ukraine crisis

    Read more

  • Mob launches deadly attack on UN shelter for S. Sudan civilians

    Read more

  • Eurostar train mishap causes 'severe' delays

    Read more

  • Chelsea Clinton announces she's pregnant

    Read more

  • French troops free five aid workers kidnapped in Mali by Islamists

    Read more

  • In pictures: Iranian woman pardons son’s killer at the gallows

    Read more

  • After cup defeat, Spanish pundits read last rites for Barcelona

    Read more

  • India heads to polls in single largest day of voting

    Read more

  • Ukraine talks open in Geneva as Putin talks tough on TV

    Read more

  • Pro-Russian separatists killed in attack on Black Sea base

    Read more

  • Man executed in Texas for 2002 triple murder

    Read more

Europe

Eurozone jobless rate hits new record of 11.7 percent

©

Text by News Wires

Latest update : 2012-11-30

Unemployment in the eurozone hit a record high of 11.7 percent in October, official Eurostat figures showed Friday, with more than 170,000 more jobs lost as the continuing debt crisis undermines hopes for an economic recovery.

Unemployment in the eurozone hit a record high in October with more than 170,000 more jobs lost as the debt crisis continued to undermine an economy slumping into recession, official data showed Friday.

The eurozone had a jobless rate of 11.7 percent in October, up from 11.6 percent in September, with the numbers out of work rising to 18.7 million from 18.49 million, the Eurostat data agency said.

The picture was particularly bleak for under 25-year-olds, with year-on-year figures showing almost one in four out of work both in the 17-nation eurozone and 27-nation European Union.

The highest unemployment rate was recorded again in Spain, where 26.2 percent of adults are out of work, with Austria again posting the lowest rate of 4.3 percent and benchmark Germany and the Netherlands at 5.4 and 5.5 percent respectively.

Across the 27-state European Union single market of half a billion consumers, 25.92 million men and women were out of work.

(AFP)

 

Date created : 2012-11-30

  • EUROZONE

    Eurozone unemployment hits record 11.6 percent

    Read more

  • EUROZONE

    Eurozone unemployment hits record 18.2 million

    Read more

  • Eurozone crisis

    Eurozone unemployment reaches all-time high

    Read more

Comments

COMMENT(S)