Eurozone unemployment rate hits new record high

Jan 8: January 8 data shows that the youth unemployment rate for November was 23.7% in the European Union, up from 23.4% in October 2012.

The youth unemployment rate in the eurozone is now 24.4%, up from 23.9% the previous month.
And as usual, there are very sharp differences between northern and southern Europe.
The lowest youth jobless rates were recorded in Germany (8.1%), Austria (9.0%) and the Netherlands (9.7%).
The highest are in Greece (57.6% in September 2012) and Spain (56.5%), reports The Guardian.

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