RSS
Eurozone unemployment hits record 11.6 percent
The euro symbol is reflected in a puddle in front of the European Central Bank in Frankfurt, Germany: Eurozone leaders meet in Brussels Thursday to decide the monetary system's fate.
The euro symbol is reflected in a puddle in front of the European Central Bank in Frankfurt, Germany: Eurozone leaders meet in Brussels Thursday to decide the monetary system's fate.
Uwe Zucchi/dpa/Corbis
U

nemployment in the 17 nations that make up the Eurozone hit a record high of 11.6 percent in September, as 18.5 million people found themselves without jobs. The region, which is wracked by a debt crisis, has seen its jobless rate surge since 2008, when the unemployment rate was under 7.5 percent. Spain's 25.8 percent jobless rate and Greece's 25.1 percent figure were again at the top of the scale for European Union members.

EDITORS' PICKS

THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER

Subscribe to the Week