Europe unemployment rises

Youth unemployment has risen to 23.5% in the European Union, according to official figures released today.

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Euro area unemployment rate rises to 12.2%

The euro area unemployment rate grew to 12.2% in April 2013, up from 12.1% in March, according to the European Union's statistics office Eurostat. Among European Union countries the rate remains at 11%.

  • Greece has the highest rate of unemployment: 27% (as of February)
  • Spain follows closely behind with 26.8% of people out of work
  • Portugal's unemployment rate stands at 17.8%

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