2 Sep 2012

EZ unemployment now 19 million

6:54 am on 2 September 2012

Unemployment across the Eurozone reached a record 18 million in July when 88,000 more people were added to the total.

However, revised data for June issued by the EU statistics agency meant the unemployment rate remained at 11.3%.

Eurostat said the 18,002,000 jobless total was the highest since records began in 1995.

The highest unemployment rate in the eurozone was in Spain, at 25.1%. The lowest was in Austria, at 4.5%.

Spain and Greece have jobless rates of more than 50% in the under-25s age-group.