Arab Today, arab today eurozone unemployment climbs to yet another record
Last Updated : GMT 08:53:10
Arab Today, arab today
Arab Today, arab today

Eurozone unemployment climbs to yet another record

Arab Today, arab today

Arab Today, arab today Eurozone unemployment climbs to yet another record

London - DW

In October, the recession in Europe added thousands more people to the continent\'s jobless queues. Notably in its debt-laden southern periphery, the unemployment drama seems to worsen from month to month. Unemployment in the 27-nation European Union rose to 10.7 percent in October, as another 204,000 people were made redundant, pushing the unemployment total to 25.9 million, according to latest available data released by the EU\'s statistics office, Eurostat, Friday. Eurostat data showed that in the eurozone, which comprises 17 European nations that share the euro, the jobless rate was even higher at 11.7 percent – the highest level recorded since the introduction of the single currency in 2002. In October, another 173,000 joined the jobless ranks in the debt-wracked currency area, driving the total up to 18.7 million unemployed people, or 2.2 million more than a year earlier. The eurozone unemployment total included 3.6 million young people under the age of 25, meaning that 23.9 percent of all youngsters in the eurozone didn\'t have a job. Youth unemployment rates were the worst in Greece and Spain with 55 percent each. According to Eurostat data, the two countries also reported the highest overall unemployment with 26.2 percent for Spain in October, and 25.4 percent for Greece, which was the latest available figure from that country. As in previous months, eurozone countries in the North recorded the lowest unemployment, with Austria reporting a rate of 4.3 percent, and followed by Luxembourg (5.1 percent), Germany (5.4 percent) and the Netherlands (5.5 percent).

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today eurozone unemployment climbs to yet another record Arab Today, arab today eurozone unemployment climbs to yet another record

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today eurozone unemployment climbs to yet another record Arab Today, arab today eurozone unemployment climbs to yet another record

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday