UNEMPLOYMENT : EU JOBLESS RATE REACHES TEN-YEAR HIGH.

The eurozone seasonally-adjusted unemployment rate was 10% in November 2009, compared with 9.9% in October (and 8% in November 2008). The EU unemployment rate was 9.5% in November 2009, compared with 9.4% in October (and 7.5% in November 2008), according to data published, on 8 January, by Eurostat. For the eurozone, this is the highest rate since August 1998 and for the EU since the start of the series in January 2000.a

Eurostat estimates that 22.899 million men and women in the EU, of whom 15.712 million were in the eurozone, were unemployed in November 2009. Compared with October, the number of persons unemployed increased by 185,000 in the EU and by 102,000 in the eurozone. Compared with November 2008, unemployment went up by 4.978 million in the EU and by 3.041 million in the eurozone.a

Between November 2008 and November 2009, the unemployment...

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