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Eurozone Unemployment hits 25% with GDP expected to be -0.5% in 2013

The 12% unemployment level for the Eurozone is the highest rate since the data began to be accumulated in 1995.  Even worse, Spanish unemployment continues to tick up with over 50% employable people under 25 currently unemployed.  The bad news continues for the U.K. also as factory activity was only 48.3 in March, the second month of contraction in this area. 
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