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You're reading: Eurozone jobless rate stuck at record high in July
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The data published Friday by the European Union’s statistical agency, Eurostat, show the financial crisis continues to hurt the economy, with the jobless rate continuing to creep higher to record levels in Spain and Greece.

Even though the eurozone’s overall percentage remained stable, Eurostat said some 88,000 more people were without a job in July, for a total of 18 million.

The 11.3 percent unemployment rate is the highest since the euro was formed in 1999.

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