Eurozone unemployment hits record high
EU data agency Eurostat said the seasonally-adjusted rate was the same as an upwardly-revised May toll but noted another 123,000 people lost their jobs going into the European summer, bringing the total to nearly 18m, more than 2m up on a year earlier.
Marking a 14th successive monthly rise, analysts noted a cumulative rise of 2.248m people since that series began in April last year, with London-based Howard Archer of IHS Global Insight warning that the unemployment rate "now looks odds-on" to cross 11.5pc by the end of the year, with "a very real danger" of reaching 12pc next year.THE MORE THE AMERICAN LEFT MAKES OUR GOVERNMENT'S TAX AND SPEND POLICIES RESEMBLE EUROPE'S, THE WORSE OUR ECONOMY WILL GET.
VOTE ACCORDINGLY. VOTE ROMNEY.
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