Tuesday, April 30, 2013

Eurozone Unemployment Hits New Record High

Eurozone unemployment reached 12.1% in March, official figures have shown, as the region's recession continues to hit its economy.

Some 19.2 million people were out of work in the 17-nation bloc last month, with the jobless rate climbing for the 23rd month in a row.

Data also showed that inflation fell in the region - to 1.2% in April, its lowest level since February 2010.