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Italy's record jobless high contrasts with new low in Germany

Published Wed, Jan 7, 2015 · 09:50 PM

Rome

ITALIAN unemployment unexpectedly rose to a record high that's more than double the German rate, keeping alive concerns about the diverging growth outlook in the euro area.

The jobless rate increased to 13.4 per cent from a revised 13.3 per cent in October, while separate data showed the euro region rate at 11.5 per cent. Th…

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