European shares fell Friday afternoon as the jobless figures from the United States showed a jump in September.
The unemployment rate in America is the highest since June 1983 and payrolls have dropped for 21 consecutive months. The FTSEEurofirst.300 index of top European shares was down by 2.2 percent. Banks fell BNP Paribas, Banco Santander, Credit Swiss and HSBC to name but a few, were all down. The price of gold fell more than 1 percent. Brent oil is currently trading at at 67.50 dollars a barell.