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Europe Live Sunday 26th May 2013

Unemployment at an historic high in the euro zone and the EU

7th May 2012

According to figures published by Eurostat on 2nd May the unemployment rate reached 10.9% in the euro zone and 10.2% in the EU in March 2012. This represents nearly 25 million unemployed in the EU, 17 million of whom are in the euro zone. Unemployment ranges from 20% to 25% in Greece and Spain. It lies at 10% in France, 8.2% in the UK and only 5.6% in Germany. Over one year the unemployment rate has dropped in eight Member States and risen in 19. Unemployment has not been as high in fifteen years.

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