Jobless ranks swell by 2m to record levels in euro zone
(01-08 18:21)
The jobless ranks across the troubled euro zone increased to a record 11.8 percent in November, European Union data showed today.
Up from 11.7 percent in October, the number of people out of work in the 17-state currency area, home to some 330 million people, is now nudging 19 million – an increase of more than 2 million on the dole compared to the level one year earlier, AFP reports.
While the jobless numbers exceeded 26 million for the first time across the full European Union, which includes Britain and Poland, the gap is growing between the euro zone and its outer EU neighbors, with the EU as a whole recording an unchanged 10.7-percent unemployment rate.
There were more jobless over the past year, according to Eurostat data, in the euro zone – where the number of unemployed was 2.015 million claimants compared to 2.012 million for the 27-state EU.
Spain recorded the highest unemployment rate of all the European countries – at 26.6 percent, worse even than Greece.
|
|
|
|
