UNEMPLOYMENT : JOBLESS RATE CONTINUES TO CLIMB IN EU.

PositionBrief article

The seasonally adjusted unemployment rate in the eurozone hit a record level of 11.9% in January 2013, up from 11.8% in December 2012. In the EU27, unemployment was 10.8%, also up from 10.7% in the previous month. In both zones, the rates rose significantly compared with January 2012, when they were 10.8% and 10.1%, respectively, Eurostat reported, on 1 March.

According to Eurostat's estimates, 26.217 million men and women were unemployed in January 2013 in the EU27.

The lowest jobless rates...

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