Monday November 24, 2014 Search
Weather | Athens
18o C
10o 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)  
Cyprus on agenda in Biden visit to Istanbul
PASOK nixes Papandreou leadership challenge
Troika tests govt nerves as budget rift persists
Climate change to hit farming, Greek coastline
ANALYSIS
Athens deserves slack from creditors
Talks between the government and the troika about the pending review of the Greek economic policy program have stalled over a number of issues, most prominently next years fiscal gap. Altho...
Transfer tax to be based on actual property cost, not objective value
The government intends to provide a boost to the local real estate market by reducing the tax on property transactions as of 2015, with the aim of attracting foreign investors by cutting the...
Inside Business
BASKETBALL
Olympiakos ends PAOKs unbeaten run in Basket League
Olympiakos put an end to PAOKs unbeaten run in the Basket League with an emphatic win at the Peace and Friendship Stadium, leaving Panathinaikos as the only team with a perfect record so fa...
INTERVIEW
Tokyo hopes to change the world
The 2020 Summer Olympic and Paralympic Games in Tokyo will serve as a springboard for the rebuilding of Japans image and economy following the triple blow of the earthquake, tsunami and nuc...
Inside Sports
COMMENTARY
Extremism from a bygone era
There are times when we seem to be overcome by self-destructive madness. I hear various commentators and politicians speaking in extreme terms of a junta, of defections, gallows, collaborato...
EDITORIAL
No call for more games
Psychological warfare has been a part of the negotiations between the troika and Athens from the very start of the crisis. But the situation is much different now and troika decision-makers ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Olympiakos ends PAOKs unbeaten run in Basket League
2. Athens deserves slack from creditors
3. Transfer tax to be based on actual property cost, not objective value
4. Key general meeting at OLP on Tuesday
5. Agenda
6. Carlsberg to use Greece as regional junction
more news
Today
This Week
1. Extremism from a bygone era
2. No call for more games
3. Carlsberg to use Greece as regional junction
4. Transfer tax to be based on actual property cost, not objective value
5. Key general meeting at OLP on Tuesday
6. Agenda
Today
This Week
1. Double quake on Atalanti fault line rattles Greek capital [Update]
2. Biden heads to Istanbul amid tension over Cyprus EEZ violation
3. Anti-junta uprising anniversary to be marked amid tight security
4. Carlsberg takes control of Greek brewer Olympic Brewery [Update]
5. Every age has its collaborators
6. Give Greece a chance
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.