Debt-laden Europe posted a record unemployment rate on Tuesday and its core currency and shares plummeted amid a worrying industrial slowdown.
The unemployment rate hit 10.1 per cent in April, its highest since the euro came into being in 1999 and just one of a series of blows on Tuesday to the eurozone economy after a brief lull last week in market pressure.
Almost 16 million people were out of work across the 16 countries that share the euro, the European Union said.
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