Jobless rise in France and Italy

Article reports that the unemployment rate has shot up in France and Italy during August 2008 highlighting the severity of the eurozone’s economic slowdown.

European Commission: Press Release: IP/08/1421: September 2008: Economic sentiment continues to decline in both the EU and the euro area http://europa.eu/rapid/pressReleasesAction.do?reference=IP/08/1421&format=HTML&aged=0&language=EN&guiLanguage=en

France24, 30.9.08: Record spike in number of French unemployed http://www.france24.com/en/20080929-france-unemployment-record-spike-jobless-sarkozy-economy&navi=FRANCE

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