Financial Times FT.com

Eurozone jobless rate at highest for decade

By Ralph Atkins in Frankfurt, Stanley Pignal in Brussels,and Victor Mallet in Madrid

Published: June 3 2009 03:00 | Last updated: June 3 2009 03:00

Eurozone unemployment has leapt to its highest for a decade as the recession takes an increasing toll.

Seasonally adjusted joblessness in the 16-country region rose from 8.9 per cent of the labour force in March to 9.2 per cent in April - the highest since September 1999, according to Eurostat, the European Union's statistical office. In April 2008 the unemployment rate was 7.3 per cent.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this