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Thursday, August 1, 2013

Eurozone unemployment drops for first time in two years.

The number of people without a job in the eurozone fell by 24,000 on month in June, the first drop in two years and another sign that the bloc may just be experiencing some green shoots of recovery. However, the decline was too small to affect the unemployment rate, which stayed at a record 12.1% for the fourth month in a row. Meanwhile, annual inflation held steady at 1.6% in July.

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