Euro area unemployment rate rises to 6.5% in June

Euro area unemployment rate rises to 6.5% in June

Number of jobless grew 41,000 from month ago to 11.12M in euro area

By Tuba Ongun

Unemployment in the euro area rose to 6.5% in June compared to 6.4% in May, the EU's statistical office said Thursday.

The number of jobless increased 41,000 from the prior month to 11.12 million in the single currency zone, Eurostat data showed.

EU-wide unemployment, which includes countries that are in the bloc but do not use its common currency, was stable at 6% in June.

Some 13.26 million people in the EU were jobless in June, marking a hike of 52,000 from May.

A total of 2.83 million young persons (under 25) were jobless in the EU, including 2.27 million in the single currency zone.

The youth unemployment rate decreased to 14.1% in the euro area and 14.4% in the EU.

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