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Eurozone jobless rate falls to 11.2% in January

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The eurozone jobless rate showed further signs of improvement in January, hitting its lowest level since April 2012 as the economy picked up from a soft patch late last year, official data showed Monday.

Unemployment in the 19-nation eurozone fell to 11.2 percent from 11.3 percent in December, with the jobless queues down by 140,000 to 18.06 million, the EU statistics agency Eurostat said.

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