Wednesday, November 30, 2011

Euro-Zone Unemployment Rate Reaches 13-Year High...




Unemployment is on the rise in Europe.

The jobless rate in the 17 countries using the euro rose to 10.2% in September from 10.1% in August, matching the 13-year high logged last year and further indicating that the financial crisis is weighing on jobs. Spain had the highest unemployment rate in the euro zone, clocking in at 22.6%. Austria’s, at 3.9%, was the lowest.


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