PARIS — The euro zone’s jobless rate stayed at record levels this summer, official data showed Monday, underscoring the pain inflicted by the slowing world economy and the euro crisis on citizens of the world’s largest market.
Unemployment in the 17-member euro zone rose to 11.4 percent in August, Eurostat, the statistical agency of the European Union reported from Luxembourg. The agency revised up the figure for June and July to 11.4 percent from the previously reported 11.3 percent, already a record. Read more
Categories: Economics, United States