• Voter paralysis

    With so much tilting voters against change, democratic reason is the loser, says Solly Moeng.

  • The power of perseverance

    True grit is a reliable predictor of who will achieve success in life, says Ian Mann.

  • It's the system

    The system sucks and it’s being used far too often as an excuse, says Mandi Smallhorne.

All data is delayed
Loading...
See More

Unemployment grips eurozone

Oct 31 2012 12:45
AFP

Brussels - Unemployment in the eurozone hit a record high in September with nearly 150 000 more jobs lost as the debt crisis continued to undermine an economy slumping into recession, official data showed on Wednesday.

The 17-state eurozone had a jobless rate of 11.6% in September, up from 11.5% in August, with the numbers out of work rising to 18.49 million from 18.34 million, the Eurostat data agency said.

The highest unemployment rate was recorded again in Spain, where 25.8% of adults are out of work, with Austria posting the lowest rate of 4.4% and benchmark Germany and the Netherlands each on 5.4%.

Across the 27-state European Union single market of half a billion consumers, 25.75 million men and women were out of work.


Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

eurozone  |  unemployment  |  europe debt crisis

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.
 

Company Snapshot

We're talking about:

THE DEBT ISSUE

Debt is one of the biggest financial issues facing South Africans today. Find out how you can avoid and manage your debt with Fin24 and Debt Rescue.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Would you take out a payday loan?

Previous results · Suggest a vote

Loading...