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Eurozone jobless rate at record high of 11.8% amid debt crisis

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Eurozone jobless rate hits new record at 11.8 percent in November 2012. Official data show the unemployment rate in the eurozone has hit a new record in November, 2012, as the 17-nation bloc continues to grapple with worsening financial crisis. According to official figures, the jobless rate for November reached 11.8 percent, up from 11.7 percent in October. November comes as the eurozone’s 19th... 
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