Eurozone’s unemployment figure continues to linger as around 16 million Euro currency users are still out of work, official data shows.
Unemployment across the 16 countries which share the Euro stuck at a record 10 percent in May for the third month running, European Union data showed on Friday.
The area’s unemployment rate has remained at its highest level since the creation of Euro in 1999, AFP reported, citing the official records of the crisis-hit zone.
Meanwhile, the unemployment rate in the wider, 27-nation European Union stood at 9.6 percent in May, also unchanged from the previous month, for a total of 23.13 million people without jobs.
Among the Eurozone’s biggest economies, unemployment fell slightly in Germany to 7.0 percent in May from 7.1 percent the previous month.
However, it stood still in France at 9.9 percent and in Italy at 8.7 percent.
In Spain, the unemployment rate rose to 19.9 percent compared to 19.7 percent in April.
The recent economic downturn in Greece and the subsequent fears for other Euro currency users have caused major worries for the Eurozone bloc.
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