OUT OF WORK: The number of people unemployed across the 17 countries that use the euro hit a record high in June, a grim reminder of the human toll being taken by the European debt crisis.
THE DETAILS: Eurostat, the EU’s statistics office, said 17.801 million people were out of work in the eurozone in June. That was 123,000 more than May, and is the highest level since the euro was formed in 1999. About 2.25 million people have lost their jobs since April 2011.
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THE OUTLOOK: The figures will add to the pressure on policymakers to get a grip of the debt crisis, which has hit investor confidence in the eurozone, forced five countries to seek external aid and pushed companies to cut their staffs.
