European unemployment at highest level in 14 years

European unemployment increased to its highest level in more than 14 years in February as companies eliminated jobs to weather the region’s crisis.

2nd April, 2012
European unemployment at highest level in 14 years
The jobless rate in the euro zone rose to 10.8 per cent from 10.7 per cent in January.

European unemployment increased to its highest level in more than 14 years in February as companies eliminated jobs to weather the region’s crisis.

The jobless rate in the euro zone rose to 10.8 per cent from 10.7 per cent in January, the European Union’s statistics office in Luxembourg said today. That’s the highest since June 1997, before the euro was introduced, and in line with forecasts. At 23.6 per cent, Spain had the highest...

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