U.K. Unemployment Rises as Europe Darkens World Outlook: Economy
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U.K. unemployment rose to a 17-year high in the three months through October, deepening concerns Britain is heading for another recession as turmoil in the euro area damps the global economic outlook.
Unemployment as measured by International Labor Organization standards rose by 128,000 to 2.64 million, the most since 1994, the Office for National Statistics said in London today. The jobless rate climbed to 8.3 percent from 7.9 percent between May and July, the highest since 1996.