Euro zone's unemployment rate at 8.9%

Euro zone’s unemployment rate at 8.9%

Unemployment in the Euro zone rose from 8.8% in January to 8.9% in February, according to data released by European Union (EU) statistics agency Eurostat. Eurostat adds that the unemployment rate in the 25 member states of the EU remained unchanged at 8.9% in February. In February 2005, Ireland (4.3%), Luxembourg (4.4%), Austria (4.6%), the UK (4.6%) and the Netherlands (4.7%) saw the lowest unemployment rates. On the other hand, Poland (18.1%), Slovakia (16.2%), Greece (10.5%) and Spain (10.3%) experienced the highest rates.