Euro-Area Unemployment Held at 12.2% Record High in September
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Euro-area unemployment held at a record high in September, worse than economists had estimated.
The jobless rate stood unchanged at 12.2 percent, the European Union’s statistics office in Luxembourg said today, revising the August figure from 12 percent previously. Economists forecast a rate of 12 percent, based on the median of 36 estimates in a Bloomberg News survey.