Euro zone unemployment rate holds steady at 12% in August

By
A A A

Investing.com - The euro zone's unemployment rate held steady in August, amid concerns over the impact of the region's debt crisis on growth, official data showed on Tuesday.

In a report, Eurostat said that the euro zone's unemployment rate held steady at a seasonally adjusted 12% in August, confounding expectations for an increase to 12.1%.

The jobless rate for July was revised down to 12% from a previously reported 12.1%.

Following the release of the data, the euro held on to gains against the U.S. dollar, with EUR/USD adding 0.19% to trade at 1.3351.

Meanwhile, European stock markets remained mixed. The EURO STOXX 50 rose 0.9%, France's CAC 40 advanced 0.8%, London's FTSE 100 dipped 0.2%, while Germany's DAX tacked on 0.65%.


Investing.com
Investing.com offers an extensive set of professional tools for the financial markets.
Read more News on Investing.com or Download the new Investing.com App for Android !



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Forex and Currencies

Referenced Stocks:

Investing.com

Investing.com

More from Investing.com:

Related Videos

Tiny Homes With Big Appeal
Tiny Homes With Big Appeal          

Stocks

Referenced

Most Active by Volume

270,887,127
    $93.89 unch
225,243,115
  • $40.93 ▼ 2.74%
135,900,109
  • $47.52 ▲ 1.80%
89,467,924
  • $5.35 ▼ 1.11%
85,105,358
  • $16.95 ▼ 0.53%
80,748,539
  • $39.80 ▼ 4.21%
68,491,586
  • $3.57 ▼ 1.79%
62,097,356
  • $100.96 ▼ 0.82%
As of 9/19/2014, 04:15 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com