Wednesday 31 March 2010

Eurozone unemployment soars to 10% in new blow for recovery

Daily Mail
"Hopes of a swift economic recovery in Britain have been dampened after unemployment in the eurozone rose to 10 per cent in February - the highest level for more than a decade.The jobless rate was up from 8.8 per cent a year earlier, adding to signs of faltering economic performance in continental Europe, the UK's biggest export market.Euro area unemployment is at its highest since August 1998, with Spain's 19 per cent jobless rate the most alarming."

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