Eurozone unemployment climbed to a fresh record high of 11.7% in October from 11.6% in September. Another 173,000 people are without a job, taking the total to 18.7M. The north-south divide remains as stark as ever, with Austria's jobless rate 4.3% while Spain's is 26.2%. "It's a measure of just how bad things have got in the eurozone that market sentiment is still irrationally upbeat," says forex specialist Jason Conibear.
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