Eurozone unemployment hits fresh high

  •   The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Twitter Alex Jones' Facebook Infowars store

Graeme Wearden and Katie Allen
July 1, 2013

The unemployment rate across the eurozone hit a fresh record in May, as the recession continued to affect workers around the region and young people again suffered most.

The eurozone jobless rate rose to 12.1% in May, up from 12.0% in April, according to EU statistics office Eurostat. The youth unemployment rate was almost double that, at 23.8%, as 3.5 million under-25s were unemployed in May. In Spain and Greece the youth unemployment rate was as high as one in two.

The rise in unemployment was driven by increased joblessness in countries at the heart of the crisis, including Spain, Italy and Ireland. As the eurozone languishes in its longest-ever recession, the number of people out of work across the currency bloc rose by 67,000 in May to 19.2 million.

Read more

This article was posted: Monday, July 1, 2013 at 5:19 pm

Tags: , Videos:

Comment on this article

Comments are closed.

Watch the News

White House Tells Parents: Children Could Be Terrorists! See the rest on the Alex Jones YouTube channel.

Al Sharpton: Mob Rat For The FBI See the rest on the Alex Jones YouTube channel.

© 2013 is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.