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Euro zone unemployment hits new record

Eurostat agency reports jobless rate in the 17 countries that use the single currency at 10.4% in December. Some 16.5 million people were out of work in the euro zone in December, up 751,000 on the year before.

(BBC) London - Unemployment in the eurozone hit a record high at the end of last year, the Eurostat agency has said. The jobless rate in the 17 countries that use the single currency was 10.4% in December, unchanged from November's figure which was revised up from 10.3%.The highest unemployment rate remains in Spain (22.9%), while the lowest is in Austria (4.1%).

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