According to data released by Eurostat on 29 November, the number of unemployed fell by 61,000 people in October. The figure contrasted September’s 41,000 increase (previously reported: plus 60,000). October’s unemployment rate of 12.1% was slightly below the 12.2% recorded in September, which had represented a record-high for the region. In addition, October’s reading was just below the 12.2% that market analysts had expected.
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