ECB under pressure to act as eurozone unemployment hits new heights

Euro sign, Frankfurt

Unemployment in the eurozone grew 10% in 12 months to hit a record high in January 2013, new figures showed today, while over the same period joblessness fell in the EU member states that do not use the single currency.

According to Eurostat figures out today, unemployment in the 17 members of the single currency was almost 19 million in January 2013, up 1.91 million compared with a year before. Unemployment in the EU as a whole grew 1.89 million over the same period – meaning the 10 members who

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