Euro Zone's jobless rate hit 10.8% in February

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Source: Forexpros
The Euro Zone's rate of unemployment hit record high in February, reported Eurostat. The jobless rate in the region hit 10.8% on a seasonally adjusted basis in February as compared to a January reading of 10.7%. The figure was mostly in compliance with expectations. The number of individuals without job in the region attained 24.55 million people. The lowest jobless rates were in Luxemburg, Austria and Netherlands while the highest were in Spain and Greece.

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Tue, 03 Apr 2012 09:51:16 GMT

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