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Eurozone Unemployment Rises To Record High


The number of people looking for work in the 17 countries that use the euro has hit its highest level since the currency was introduced in 1999.

Eurostat, the European Union's statistical office, said on April 2 that unemployment across the eurozone rose to nearly 11 percent in February, with more than 17 million unemployed.

Seven eurozone countries have unemployment rates of above 10 percent, with Spain having the highest, at nearly 24 percent.

he lowest unemployment rate among the euro countries was Austria's 4.2 percent.

With reporting by AP and DPA

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