Eurozone Hits Record Unemployment Level

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Unemployment has hit another record high among the 17 member states in the Eurozone, rising to 12.2 percent in April.

Nearly 19.5 million people are now officially out of work. In Greece and Spain, one in four people are without work, while Germany's unemployment rate is at a low 5.4 percent.

Unemployment numbers are even higher for young people. Two-thirds of young Greeks can't find jobs, and 40 percent of Italy's young population can't find work.  

The numbers show just how bad Europe's economic crisis is and how difficult it will be to turn it around.

Some economists warn that the Eurozone still hasn't hit bottom.

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