2014 readers choice results
Article updated: 1/8/2013 6:16 AM

Eurozone unemployment reaches record 11.8 percent

text size: AAA
By Associated Press

BRUSSELS -- Unemployment in the 17 European Union countries that use the euro reached a record 11.8 percent in November, as the number of jobless in the 27-country EU topped 26 million for the first time since the financial crisis began three years ago.

The figures illustrate the task facing EU leaders to repair the region's economies. While the threat that the single currency union might crumble seems to have receded, joblessness continues to rise.

Advertisement

The biggest rise was in Greece, where the number of unemployed soared to 26 percent in September, up 7 percentage points from November 2011.

The eurozone unemployment rate was up 0.1 percentage points on October, and up from 10.6 percent a year ago. The rate for the EU was unchanged on October at 10.7 percent.

Comments ()
We are now using Facebook comments to offer a more inclusive, social and constructive discussion. Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.

This article filed under

Business Video
Area Business Calendar

BusinessDirectory

Connect with a business or service in your area fast. First select a town, then enter a search term or choose one of the listed popular searches:

Don't see your town listed? Visit our full directory to begin your search.

MostViewed

Today
Yesterday
Most Commented
Top Jobs

    View all Top Jobs Place a job ad

    DHExtras

       
    • Newspaper next section - Newspaper next section Report card checker - report card checker
    • Dh innovation award 2 - Dh innovation award 2 Zillow /real estate page
    • Discuss refer On Guard series
    • Newspaper archives -- Monday or anyday Mike North

    FacebookActivity