According to the latest figures released, the total unemployment in the Eurozone nations rose to 12.2 per cent, which is highest level ever, in April 2013 indicating that the collective economy is still facing a slowdown and more steps are to be taken to taken to address the prolonged crisis.

The data from the Eurostat, which is the European Union's statistics office, showed that the 17 European Union countries that use the common currency recorded a collective unemployment rate of 12.2 per cent in April compared to the previous record of 12.1 per cent that was set in the previous month. The data showed that 95,000 people more people become unemployed during the month and took the total number of unemployed to 19.38 million across the Eurozone.

The data also shows that there is a huge disparity among the member countries as about a fourth of the workforce in Span and Greece were unemployed, the unemployment rate in the region’s largest economy, Germany was at a low 5.4 per cent. Greece had the highest unemployment rate at 27.0% in February 2013, more than Spain at 26.8 per cent and Portugal at 17.8 per cent. On the other hand, the lowest unemployment rate is in Austria at 4.9 per cent.