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Euro-Area Unemployment Rate Reaches Record 11.2% on Debt Crisis
Bloomberg The jobless rate in the euro area reached the highest on record as the festering debt crisis and deepening economic slump prompted companies to cut jobs. Unemployment in the economy of the 17 nations using the euro held at 11.2 percent in June, … Shares, oil fall as hopes of central bank action fade Europe Stocks Mixed World stocks mostly higher as ECB hopes build |