Eurozone unemployment stuck near record high

By Juergen Baetz

Published April 1, 2014 3:29pm ET

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Eurozone unemployment stuck near record high — German Finance Minister Wolfgang Schaeuble, left, chats with Greek Finance Minister and President of the rotating EU council Yannis Stournaras during a Eurogroup meeting at Zappeion Hall in Athens, on Tuesday, April 1, 2014. Finance ministers from the eurozone and the wider European Union are gathering in Athens amid tight security, with Greece hoping for a gesture of support for the release of long-delayed funds from the country's multi-billion-euro bailout. (AP Photo/Petros Giannakouris) | Petros Giannakouris

BRUSSELS (AP) — The 18-country eurozone may have emerged from recession last year, but that has done little good to the jobs market, with unemployment stuck near a record high since then.

A new report on Tuesday showed that while the number of jobless in the currency union dipped in February, the unemployment rate remained at 11.9 percent — where it has been since October after peaking at 12.1 percent earlier in the year.

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