Eurozone joblessness hits record high

The eurozone's unemployment rate reached a new record in November as companies from carmakers to retailers laid people off.

Joblessness hit the highest level since the euro came into existence in 1999 at 18.82 million people, that is 11.8 percent of the working population.

For all of the 27 countries of the European Union, unemployment broke the 26 million mark for the first time.

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