New Unemployment Record in Eurozone

BusinessEconomy ♦ Published: July 31, 2012; 15:43 ♦ (Vindobona)

The Euro area unemployment rate came at 11.2% in June 2012. Austria leads the ranking.

New Unemployment Record in Eurozone / Picture: © Vindobona.org

The euro area1 (EA17) seasonally-adjusted unemployment rate was 11.2% in June 2012, stable compared with May. It was 10.0% in June 2011. The EU27 unemployment rate was 10.4% in June 2012, also stable compared with May. It was 9.5% in June 2011.

Eurostat estimates that 25.112 million men and women in the EU27, of whom 17.801…