STOCK MARKET WATCH - Tuesday, 31 January 2012

[Ghost Dog]

31. Eurozone Unemployment Hits New Record

BBC ... The jobless rate in the 17 countries that use the single currency was 10.4% in December, unchanged from November's figure which was revised up from 10.3%, reports the BBC.

Some 16.5 million people were out of work in the eurozone in December, up 751,000 on the year before.

The highest unemployment rate remains in Spain (22.9%), while the lowest is in Austria (4.1%).

Unemployment has been rising throughout 2011, as the debt crisis in the region has continued. In December 2010, the unemployment rate in the euro area was 10%...

... In the 27 EU countries, the unemployment rate was 9.9% in December, with 23.8 million people out of work. November's figure was also revised up from 9.8% to 9.9%.

/... http://www.thisdaylive.com/articles/eurozone-unemployment-hits-new-record/108268/