Eurozone unemployment rate hits new high in October

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The eurozone's unemployment rate hit a new record high in October, while consumer price rises slowed sharply.

The jobless rate in the recessionary euro area rose to 11.7%. Inflation fell from 2.5% to 2.2% in November.

The European Central Bank president, Mario Draghi, has warned the eurozone will not emerge from its crisis until the second half of next year.

Nigel Cassidy reports.

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