Fri, 31 May 2013 11:04:41 GMT
Eurozone unemployment hits a record high with low inflation
The unemployment rate in the 17-nation currency area has reached a record high and inflation stays well under the European Central Bank's goal, indicating the challenge that EU officials is facing to recover the economy. The joblessness rate in the Eurozone increased to 12.2% in April, indicating a record high since 1995.