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Thu 07 Jul 2009EU unemployment at 10-year high
Euro zone unemployment crept up to its highest level in 10 years in May, data showed today, casting a shadow on prospects for any quick recovery from the worst economic recession since the second World War.
The unemployment rate in the 16-nation euro zone rose to 9.5 per cent from April's 9.3 per cent as 273,000 people lost their jobs in the month, bringing the number of those out of work to 15.013 million, European Union statistics office Eurostat said.
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