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Euro zone unemployment rate hits 10-year high of 9.5%

Posted on July 02, 2009

Figures from the Eurostat agency have revealed that the unemployment rate in the 16-nations that share the European single currency rose from 9.3% in April to 9.5% in May - the highest rate since 1999.Economists had forecast a rise to 9.4%. According to Eurostat, 15 million people were out of work in May, up by [...]...

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currency , euro