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Eurozone jobless rate climbs to record high in January

English.news.cn   2013-03-01 19:50:04            

BRUSSELS, March 1 (Xinhua) -- Eurozone jobless rate rose by 0.1 points to 11.9 percent in January this year, the highest level since the statistics office of the European Union (EU) started to release jobless figures in 1995, Eurostat data showed Friday.

In the wider 27-member EU, unemployment rate increase to 10.8 percent from 10.7 percent for December 2012, Eurostat said.

In both the eurozone and EU, rates have risen markedly compared with January 2012, when they were 10.8 percent and 10.1 percent respectively.

Eurostat estimates that 26.217 million men and women in the EU, of whom 18.998 million were in the euro area, were unemployed in January 2013.

Among the member states, the lowest unemployment rates were recorded in Austria at 4.9 percent, Germany and Luxembourg, both at 5.3 percent and the Netherlands at 6 percent, and the highest in Greece at 27 percent, Spain at 26.2 percent and Portugal at 17.6 percent.

In January 2013, the youth (under 25) unemployment rate was 23.6 percent in the EU and 24.2 percent in the euro area, compared with 22.4 percent and 21.9 percent respectively in January 2012.

Editor: Fu Peng
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