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Euro area unemployment rate at 10.1%

News release: “The euro area1 (EA16) seasonally-adjusted2 unemployment rate3 was 10.1% in November 2010, unchanged compared with October4. It was 9.9% in November 2009. The EU271 unemployment rate was 9.6% in November 2010, unchanged compared with October4. It was 9.4% in November 2009. Eurostat estimates that 23.248 million men and women in the EU27, of whom 15.924 million were in the euro area, were unemployed in November 2010. Compared with October, the number of persons unemployed decreased by 35 000 in the EU27 and by 39 000 in the euro area. Compared with November 2009, unemployment rose by 606 000 in the EU27 and by 347 000 in the euro area. These figures are published by Eurostat, the statistical office of the European Union. Among the Member States, the lowest unemployment rates were recorded in the Netherlands (4.4%), Luxembourg (4.8%) and Austria (5.1%), and the highest in Spain (20.6%), Lithuania (18.3% in the third quarter of 2010) and Latvia (18.2% in the third quarter of 2010).”

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