April 2013 Eurozone unemployment reaches new record high, 40.5% of young people in Italy unemployed-BBC

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5/31/13, "Eurozone unemployment reaches new record high in April," BBC

"Unemployment in the eurozone has reached another record high, according to official figures. The seasonal-adjusted rate for April was 12.2%, up from 12.1% the month before.

An extra 95,000 people were out of work in the 17 countries that use the euro, bringing the total to 19.38 million. One in four people in Greece and Spain are now unemployed. The lowest unemployment rate is in Austria at 4.9%.

The European Commission's statistics office, Eurostat, said Germany had an unemployment rate of 5.4% while Luxembourg's was 5.6%. The highest rates are in Greece (27.0% in February 2013), Spain (26.8%) and Portugal (17.8%)....

Figures from the Italian government showed 40.5% of young people in Italy are unemployed.
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"We have to deal with the social crisis, which is expressed particularly in spreading youth unemployment, and place it at the centre of political action," said Italy's President Giorgio Napolitano."...


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