Euro-Area Unemployment Climbs to Record on Recession

The euro-area jobless rate rose to a record in January as austerity measures taken to counter the debt crisis deepened the currency bloc’s recession. Unemployment in the 17-nation euro area rose to 11.9 percent from a revised 11.8 percent in December, the European Union’s statistics office in Lu…

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Euro-Area Unemployment Climbs to Record on Recession

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