Eurozone unemployment steady at 10%

The rate of eurozone unemployment was steady at 10 percent in August, official figures showed on Friday, but the actual numbers of people out of work fell across the single currency area. Eurostat, the European Union's statistics agency, said seasonally-adjusted unemployment across the 17 nations sharing the euro remained at 10 percent, for a fourth month running. Eurostat estimated that just over 15.7 million people were looking for jobs in the eurozone in August, down 38,000 from the previous month. In the wider 27-nation EU, which includes non-euro members Britain and Poland, the unemployment rate was also steady at 9.5 percent. Nearly 22.8 million people were unemployed across the EU, 62,000 less than in July.