Wed, 02 May 2012 12:45:59 GMT
European jobless rate reaches 15-year record high
Euro Zone jobless rate jumped to the highest level in nearly 15 years whereas region's production fell for a ninth straight month, signalling the Euro Area economy keeps weakening. The unemployment rate in 17-nation region climbed from 10.8 in February to 10.9% in March, EU statistics office said today. Region's manufacturing index dropped from 47.7 in the third month of the