Unemployment rate in the Eurozone rose to a new record high in February, data from Eurostat showed Monday.
The seasonally adjusted jobless rate rose to 10.8 percent from 10.7 percent in January. The outcome was in line with economists' forecast. The rate was 10 percent in February 2011.
Compared with January, the number of persons unemployed increased by 162,000 in the euro area. Annually, unemployment rose by 1.476 million.
In the EU27, the jobless rate was 10.2 percent in February, compared with 10.1 percent in January.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.