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Eurozone Recession: Record Unemployment, Manufacturing Shrinks

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Eurozone Recession: Record Unemployment, Manufacturing Shrinks

From Eurostat: Euro area unemployment rate at 11.1% The euro area (EA17) seasonally-adjusted unemployment rate was 11.1% in May 2012, compared with 11.0% in April. It was 10.0% in May 2011. The EU27 unemployment rate was 10.3% in May 2012, compared with 10.2% in April4. It was 9.5% in May 2011. Eurostat estimates that...
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