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Euro zone unemployment reached record high
World - Economy
Wednesday, 02 September 2009 12:42
euro_zone.jpg The Euro zone unemployment rate in July reached its ten-year maximum of 9.5%.

The number of people without jobs compared with June increased by 167.00 an reached the current 15.09 million.
However, analysts expected this result.

"It seems unemployment in the Euro zone is still growing and will pose a serious threat to economic growth in short and medium terms," said Howard Archer, economist at the consulting company IHS Global Insight.
 

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