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Eurozone jobless rate climbs to 9.2%
June 3, 2009, Wednesday
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THE jobless rate in the 16 nations that use the euro surged to 9.2 percent in April, the highest level in almost a decade, the European Union statistics office said yesterday.
The eurozone jobless rate has reached its highest level since September 1999, with Spain standing out with a 18.1 percent rate. Unemployment across all 27 EU countries rose to 8.6 percent in April from 8.4 percent in March. Some 20.8 million people are now seeking work in the EU, Eurostat said.
The eurozone jobless rate has reached its highest level since September 1999, with Spain standing out with a 18.1 percent rate. Unemployment across all 27 EU countries rose to 8.6 percent in April from 8.4 percent in March. Some 20.8 million people are now seeking work in the EU, Eurostat said.
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