Unemployment remains at 11% in the eurozone
The eurozone unemployment rate remained at 11% in April while the rate for the wider 27-member state European Union grew to 10.3%.
Eurostat, the statistics agency of the European Union, estimates there were approximately 17m citizens of the member states unemployed during April – an increase of 110,000 on March. The annual increase is placed at closer to 1.8m.
Spain remains the member worst hit by unemployment, with 24.3% of its population unable to find work. Greece follows with an unemployment rate of 21.7% rate, while both Latvia and Portugal have a 15.2% rate.
Austria had the lowest unemployment rate with just 3.9% out of work, followed by Luxembourg and the Netherlands which both reported 5.2%.
Have you looked at investment trusts more since RDR?