Colosseum a.s. (Colosseum a.s.)
Macroeconomics  |  July 31, 2012 11:41:28

Unemployment in the euro area rose to record levels



ColosseumUnemployment in the euro area is moving at a record high levels, while in June stood at 11.2 percent. The data published today, the European Statistical Office. This is the highest value since 1995 when data began to be monitored. In May, the unemployment rate was around 11.1 percent. Inflation remains at 2.4 percent. Euro on the published report does not respond significantly against the dollar and moves to level 1.2267. Spain has the highest unemployment rate (24.8 percent).

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