Euro zone unemployment rate reached 10.8% in February.

Monday, 2 April 2012 07:57

The unemployment rate in Euro area reached seasonally adjusted 10.8% in February -Eurostat reported today.

It is the highest level in last 14 years.

Today’s reading confirmed analysts expectations.

For the whole European Union jobless rate reached 10.2%.

Spain remained in February with the highest unemployment (23.6%), the lowest rate was recorded in Austria (4.2%)