Eurozone unemployment reaches new record high with those under 25 hardest hit

Europe's 'lost generation': Unemployment reaches record high with 19 million people out of work across 17 countries Total of 18.7million people out of work across the Eurozone in October – an increase of 173,000 on the previous monthSpain and Greece have the region's highest unemployment rates of more than 25 per cent | UPDATED: 15:38 GMT, 30 November 2012 European unemployment has reached a record high – with almost 19 million out of work across the 17 countries that use the euro. More than 10 per cent of people living in the Eurozone are now unemployed with those under 25 struggling the most to find jobs. Experts said the prospect of a 'lost generation' of young people now looks like an 'alarming possibility'.