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LES ECHOS, LE MONDE (France), DIE ZEIT (Germany), FINANZAS (Spain), ADN-KRONOS (Italy)

Worldcrunch

PARIS - Unemployment in the crisis-hit euro zone reached a record high 18.5 million in September, Die Zeitreports Wednesday.

The EU’s statistics office Eurostat reports the euro zone jobless rate 11.6%, up from 11.5% in August, and more than a full percentage point higher than September 2011 when unemployment stood at 10.3%.

French business daily Les Echoshighlights the sharp divide among the different countries of the single currency area: Austria has the lowest unemployment at only 4.4%, followed by Luxembourg at 5.2% and Germany and the Netherlands both at 5.6%. But in Greece and Spain, unemployment has skyrocketed. Spain “is the euro zone leader in unemployment,” and the situation is getting worse by the month, the Spanish business newspaper Finanzas declared.

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More than half of all young people in Spain, 54%, have no jobs. Portugal, Italy and Ireland each report that more than one-third of youths are unemployed. Only in Germany, Austria and the Netherlands was the youth unemployment rate below 10%, said the Italian news agency ADN-Kronos.

The office of the EU commissioner for employment warns of a “lost generation,” and says “Southern Europe needs our help, and not in the distant future,” reports Die Zeit.

Overall, across the continent, 28.5 million Europeans are unemployed, according to Eurostat. The figures do not include underemployed part-time workers who might prefer full-time work, jobless persons seeking a job but not immediately available, nor the “discouraged” who would like to work but have given up.

“The three groups are far from negligible in numbers: in the EU-27 in 2011 there were 8.6 million underemployed part-time workers, 2.4 million jobless persons seeking a job but not immediately available for work, and 8.6 million persons available for work but not seeking it.”

Unemployment was 7.8% in the U.S. and 4.2% in Japan during the same period, Les Echos said.

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Absolute Free Speech Is A Recipe For Violence: Notes From Paris For Monsieur Musk

Elon Musk bought Twitter in the name of absolute freedom. But numerous research shows that social media hate speech leads to actual violence. Musk and others running social networks need to strike a balance.

Absolute Free Speech Is A Recipe For Violence: Notes From Paris For Monsieur Musk

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-Analysis-

PARIS — Elon Musk is the world's leading reckless driver. The ever unpredictable CEO of Tesla and SpaceX is now behind a very different wheel as the new head of Twitter.

He began by banning remote work before slightly backtracking and authorizing it for the company’s “significant contributors.” Now he’s opened the door to Donald Trump to return to Twitter, while at the same time vaunting a decrease in the number of hate-messages that appear on the social network…all while firing Twitter’s content moderation teams.

But this time, the world’s richest man will have to make choices. He’ll have to limit his otherwise unconditional love of free speech. “Freedom consists of being able to do everything that does not harm others,” proclaimed the French-born Declaration of the Rights of Man in 1789.

Yet freedom on social networks results not only in insults and defamation, but sometimes also in physical aggression.

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