Unemployment rates in the euro zone continued to increase in February, to 8.5%, and another 319,000 people lost their job this month, the European Statistics Institute announced, quoted by AFP. Thus, some 13,486 million people were unemployed in the euro zone in February.
The institute revealed that the numbers are a record for the last three years. In January, unemployment rates were 8.3%. Unemployment rates started to increase as early as summer 2008, when the economic situation got worse. This tendency could get even worse, as companies start to lay off personnel due to the recession.