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Euro-zone jobless rate eases off record highs

International Desk |
Update: 2013-11-29 06:15:38

DHAKA: Euro-zone unemployment eased off record highs in October, official data showed on Friday.

A modest improvement in line with other recent data but youth jobless numbers edged up.

Unemployment in the 17-nation single currency bloc fell to 12.1 per cent in October from 12.2 per cent in September, the Eurostat statistics agency said.

Total people out of work dropped by 61,000 to 19.3 million.

Under-25 youth unemployment a sensitive political and economic issue amid concerns about a `lost generation` rose to 24.4 per cent or 3.58 million from 23.3 per cent or 3.56 million, it said.

Source: ST
BDST: 1710 HRS, NOV 29, 2013

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