Mon, 01 Jul 2013 15:50:13 GMT
Euro block unemployment rate at record high, inflation rises amid energy costs
Unemployment rate in the Euro block rallied and reached a record high level, indicating that the recession in business activity prolongs to reflect on the labor market in spite of growth signs in the economy. The unemployment rate climbed to 12.1% in May, there were approximately 19.22 million jobless people in the Eurozone in May.