By Daniel Hunter

Unemployment in the Eurozone hit a new high in September as official data released by Eurostat revealed the figure had reached 18.49 million.

The EU stats agency said that he number of people out of work rose by 146,000, pushing the unemployment rate up to 11.6%. This compares with 10.3% a year earlier.

The highest unemployment rate was recorded in Spain, where 25.8% of the workforce is out of a job, and the lowest of 4.4% was recorded in Austria.

In Spain and Greece, more than half the workforce aged under 25 has no job.

The lowest youth unemployment rate of 8% was recorded in Germany, where 5.4% of the overall workforce is out of work.

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