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Southern countries are struggling most with unemployment and weak industrial output (Photo: European Commission)

Eurozone unemployment hits new record

Eurozone unemployment reached 10.8 percent in February, the highest level since the currency was introduced in 1999, according to the latest Eurostat data.

The statistics office estimated that more than 17.1 million men and women were out of work in February in the 17 states of the eurozone, 162,000 more than a month earlier and 1.48 million more than in 2011. T...

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Southern countries are struggling most with unemployment and weak industrial output (Photo: European Commission)

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