In the eurozone unemployment reached 11.7%

In the eurozone unemployment reached 11.7%

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Unemployment in the euro area in April was fixed at 11.7 % compared with 11.8 % the previous month , the data confirm the Statistical Office of the EU.

April’s indicator value is the lowest since November 2012 Economists polled by Bloomberg, did not predict change indicator.

In the European Union , unemployment in April fell to 10.4% from 10.5% in the previous two months .

The number of unemployed in April fell by 76 thousand people, compared with the previous month in the euro area and by 151 thousand – in the EU. Youth eurozone vacancy rates decreased to 23.5% from 23.6 % in March.

The best performance in the last month marked in Austria ( 4.9% ), Germany ( 5.2% ) and Luxembourg (6.1%) .

The highest unemployment rate was recorded in Greece ( 28% – data for February ) and in Spain ( 25.1 %).

The European Commission expects unemployment to 11.8 % in 2014 and at 11.4% in 2015