Eurozone unemployment hits record high

From ALJAZEERA:

…Joblessness among the bloc’s 17 countries rose to 10.4 per cent in December 2011, the EU’s statistics office Eurostat said in a statement…

After two years of debt crisis and budget austerity cuts across in the region, the number of Europeans out of work has risen to 16.5 million people, with another 20,000 people without a job in December…

In the 27-nation European Union, the number of jobless has risen steadily from a recent low of 7.1 per cent of the working
population in 2008 to 9.9 per cent in December – some 23.6 million people…

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