Eurozone unemployment at new high

Published by rudy Date posted on August 31, 2012

Unemployment across the 17-nation eurozone hit a record 18 million in July, the EU statistics agency says.

Some 88,000 more people were added to the jobless total, but upwardly-revised data for June meant the unemployment rate remained at 11.3%.

Eurostat said the 18,002,000 jobless total was the highest since records began in 1995.

The highest unemployment rate in the eurozone was in Spain, at 25.1%. The lowest was in Austria, at 4.5%.

Compared with a year ago, the unemployment rate fell in 10 eurozone countries, increased in 16 and remained stable in Slovenia.

The largest falls were observed in Estonia (13.2% to 10.1%), Lithuania (15.2% to 13.0%) and Latvia (17.0% to 15.9%)

Meanwhile, the highest increases were registered in Greece (16.8% to 23.1%), Spain (21.7% to 25.1%) and Cyprus (7.7% to 10.9%).

Spain and Greece, which are struggling to tackle sovereign debt and banking crises, recorded jobless rates of more than 50% in the under-25s age-group. –BBC News

June 2025

Philippine Environment Month!
“Action for Nature, for the Future!”


Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.

Accept National Unity Government (NUG)
of Myanmar.  Reject Military!

#WearMask #WashHands #Distancing #TakePicturesVideosturesVideos

Time to support & empower survivors. Time to spark a global conversation. Time for #GenerationEquality to #orangetheworld!

Monthly Observances:

  1 Jun – World Day of Parents

  5 Jun – World Environment Day 

  7 Jun – World Food Safety Day 

  8 Jun – World Oceans Day

12 Jun – World Day Against
Child Labour

15 Jun – World Elder Abuse Awareness Day 

16 Jun – International Day of Family Remittances 

17 Jun – World Day to Combat Desertification and Drought

20 Jun – World Refugee Day 

25 Jun – Day of the Seafarer 

27 Jun – Micro-, Small and Medium-sized Enterprises Day

 

Daily Observances:

First Saturday of July:
International Cooperative Day
in the Philippines

Categories