Eurozone Unemployment Reached Record High in October
- OurStudio
- Nov 30, 2012
- 1 min read
The eurozone's unemployment rate hit a new record high in October, while consumer price rises slowed sharply.
The jobless rate in the recessionary euro area rose to 11.7%. Inflation fell from 2.5% to 2.2% in November.
The data came as European Central Bank president Mario Draghi warned the euro would not emerge from its crisis until the second half of next year.
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