Market Overview

Eurozone Unemployment Hits 11.5 Percent

Eurozone Unemployment Hits 11.5 Percent

Spain and Greece continue to head the list of the highest unemployment rates in the EU. Both countries have over 25% unemployment and more worrisome over 50% youth unemployment.

The rate reported by Eurostat, the EU's statistics office, was up from an upwardly-revised 11.5 percent in August. In total, 18.49 million people were out of work in the eurozone in September, up 146,000 on the previous month, the biggest increase in three months.

via Yahoo Finance

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