Eurozone joblessness hits new record of 11.1%

Unemployment in the 17-country eurozone hit another record in May as it continued to be buffeted by its debt crisis.

Eurozone joblessness hits new record of 11.1%

Unemployment in the 17-country eurozone hit another record in May as it continued to be buffeted by its debt crisis.

Eurostat, the EU’s statistics office, said that the jobless rate rose to 11.1% in May from 11% the previous month. That is the highest since the euro was launched in 1999.

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