European Unemployment Hits Record-High While America Contemplates Euro-Style Austerity

From ThinkProgress Tue Jan 8 2013, 10:25:17

Unemployment in the Eurozone hit yet another record in November, clearing 11.8 percent, according to Eurostat. 18.8 million residents of the Eurozone are out of work, the most since the single currency was created in 1999. Across all of Europe, 26 million citizens are jobless. As the Associated Press noted, "governments across Europe have introduced [...]

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