Thursday Jul 31, 2014 Search
Weather | Athens
32o C
25o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Eurozone unemployment persists, Greece retains highest rate

The eurozone unemployment rate stayed near record highs at 12.0 percent in December, unchanged since October, as the fragile recovery produced few new jobs, official data showed on Friday.

There were about 19.10 million jobless in the eurozone in December, down 129,000 from November 2013 but up 130,000 from December 2012 when the debt crisis was at its peak, the Eurostat statistics agency said.

Eurozone unemployment hit a record 12.1 percent in September but was stable for the whole of the final quarter of 2013.

The agency said its earlier figure for November had now been revised down from 12.1 percent to 12.0 percent.

The highest unemployment rates were in Greece (27.8 percent in October, the latest figures available for that country) and Spain (25.8 percent), it said.

The lowest were in Austria (4.9 percent), Germany (5.1 percent) and Luxembourg (6.2 percent).

Youth unemployment, a major problem for the eurozone, climbed to 3.5 million, down by 77,000 from December 2012.

Unemployment for the 28-member European Union as a whole was down slightly in December at 10.7 percent, compared with 10.8 percent.

The number of jobless across the EU was 26.2 million, which was 162,000 less than the previous month.

Unemployment rates are a lagging indicator tending to go up or down some time after the economic situation has turned down or improved.

[AFP]

ekathimerini.com , Friday Jan 31, 2014 (15:00)  
Strawberry farm shooting verdict draws ire
Greece evacuates Tripoli embassy
Former municipal police officers put on the beat in city center
Coalition tweaks multi-bill in bid to pacify armed forces, emergency services
Govt reins in spending of regions
The government has called on regional authorities to reduce their operating expenses and the money they spend on overtime ahead of the drafting of the 2015 state budget, while adding that in...
Intralot to run one-horse race for betting permit
State privatization fund TAIPED is expected to launch another tender with just one bidder, as it has done on several occasions since it started operating, on Thursday. At stake is the operat...
Inside Business
SOCCER
Goalless draw at Liege puts Greens in driving seat
Panathinaikos got the upper hand in the battle for entry to the Champions League playoffs after snatching a goalless draw at Standard Liege on Wednesday. If anything, the Greek cup holders m...
SOCCER
Greek league recruits former referee Dallas
Former referee Hugh Dallas has been appointed as the head referee of the Greek Super League, the Hellenic Football Federation (EPO) said in a statement on Wednesday. The 56-year-old Scot ear...
Inside Sports
EDITORIAL
Populism eating up education
The fact that the issue of education is not topping the list of priorities for the current coalition government, but instead, has been left in the hands of incapable politicians is utterly i...
COMMENTARY
A valued but mistreated professional
I did not know much on a personal level about Dimitris Stefanou, Greeces former administrative reform general secretary who died earlier this week at the age of 46. I did, however, have a s...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Goalless draw at Liege puts Greens in driving seat
2. Strawberry farm shooting verdict draws ire
3. Govt reins in spending of regions
4. Greece evacuates Tripoli embassy
5. Former municipal police officers put on the beat in city center
6. Intralot to run one-horse race for betting permit
more news
Today
This Week
1. Wine cup used by Pericles found in grave north of Athens
2. Six firms submit bids to lease Vouliagmeni beach
3. IMF's Lagarde not sure yet about debt relief for Greece
4. Coalition submits new proposals for Greek coastline
5. Police arrest one, seek another three over counterfeit goods
6. EU Commissioner Damanaki unlikely to return to Greek politics
Today
This Week
1. Quadriplegic woman on life support 'dies due to unpaid power bills'
2. Hedge fund Dromeus turns Greek tragedy to triumph with 160 pct gain
3. Defense Minister Avramopoulos to represent Greece at European Commission
4. Front-line threats
5. Greece names fifth privatization agency chief in four years
6. Greek coast guard picks up 77 migrants off Myconos
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.