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Unemployment in eurozone increases

Eurozone employment fell by 0.8% in the first quarter of 2009 which accounts for a fall of 1.22m people made unemployed over the period.

The pace of the drop in employment increased on a quarterly basis with eurozone posting a decline of 0.4% in the fourth quarter of last year.

The latest figures are the third consecutive quarter of job cuts in the 16 member states. Eurostat, which published the data, estimates that 146.2m men and women are currently employed in the euro area.

Over the same period Eurostat figures suggest that the United Kingdom is estimated to have seen employment drop by 0.5%.

Related story:
Eurozone unemployment hits decade high

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