Eurozone Unemployment Rate At Record 11.4 Percent

Start your day with TPM.
Sign up for the Morning Memo newsletter

The unemployment rate in the Eurozone is stuck at a record 11.4 percent, Reuters reports:

Joblessness in the 17 countries sharing the euro was 11.4 percent of the working population in August, which was stable compared to July on a statistical basis, but another 34,000 people were out of work in the month, the EU’ statistics office Eurostat said on Monday.

 

That left 18.2 million people unemployed in the euro zone, the highest level since the euro’s inception in 1999, while 25.5 million people were out of a job in the wider 27-nation European Union, Eurostat said.

Latest Livewire
Comments
Masthead Masthead
Founder & Editor-in-Chief:
Executive Editor:
Managing Editor:
Associate Editor:
Editor at Large:
General Counsel:
Publisher:
Head of Product:
Director of Technology:
Associate Publisher:
Front End Developer:
Senior Designer: