24/7 Newsfeed

Put Reason 24/7 on Your Site


Follow Reason 24/7 on Twitter and via RSS

Eurozone Unemployment Set a New Record in September

PARIS — Euro zone unemployment set another record in September, official data showed Wednesday, with 18.49 million people out of work in a weakening economy.

The jobless rate in the 17-nation currency union ticked up to 11.6 percent from the 11.5 percent in August, as 146,000 more people were classified as unemployed, Eurostat, the statistical agency of the European Union, reported from Luxembourg. The August figure, itself already a record level, was revised upward from the 11.4 percent previously reported.

Source: New York Times. Read full article. (link)

Editor's Note: We invite comments and request that they be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of Reason.com or Reason Foundation. We reserve the right to delete any comment for any reason at any time. Report abuses.