Unemployment reaches an all time high in Europe

Unemployment reaches an all time high in Europe

Unemployment numbers across Europe have reached an all time high, according to official data for November.

The unemployment rate across the troubled Eurozone area hit 11.8 per cent in November, up from 11.7 per cent in October, with the number of people out of work in the 17-nation single currency area, now pushing 19 million.

This data represents an increase of more than two million on the dole compared to a year ago.

Experts are saying the jobless rate will rise above 12 per cent during 2013.

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Amy Whittaker
Amy Whittaker 1402 posts

Amy joined the NRN team in August 2011, before graduating from a B of Arts (Communication-Journalism)/B of Sports Studies from Charles Sturt University in December 2011.

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