European unemployment climbs again in August

Berlin  – Unemployment in the 16-member eurozone hit its highest level in more than a decade in August, data released Thursday showed. Despite signs that the currency bloc is on course to an economic recovery, Europe’s statistics office Eurostat said the numbers out of work climbed to 9.6 per cent in August as another 165,000 people lost their jobs.Unemployment stood at 9.5 per cent in July. The August increase was in line with analysts’ forecasts.Coming in the buildup to next week’s meeting of

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