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Author Topic: Eurozone Unemployment Hits New Record [Locked]
Eager_Igraine  4 stars
Posts: 1,036
Registered: 2002-11-21 11:55:52
http://www.bbc.co.uk/news/business-16808672


Quote:

posted: Unemployment in the eurozone hit a record high at the end of last year, the Eurostat agency has said.


The jobless rate in the 17 countries that use the single currency was 10.4% in December, unchanged from November's figure which was revised up from 10.3%.


Some 16.5 million people were out of work in the eurozone in December, up 751,000 on the year before.


The highest unemployment rate remains in Spain (22.9%), while the lowest is in Austria (4.1%).


Unemployment has been rising throughout 2011, as the debt crisis in the region has continued. In December 2010, the unemployment rate in the euro area was 10%.



23% unemployment is horrifying, but it sounds like a good time to be seeking employment in Austria.

 

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bstulic  3 stars
Posts: 761
Registered: 2002-7-26 04:55:00
Just wait until Croatia with our 40% enter those statistics

 

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Ptilk  4 stars
Title: Creepy old pirate
Posts: 2,359
Registered: 2002-2-13 14:52:58
Those austerity moves were pretty god damn stupid.
Ashmaele  4 stars
Title: Pastor of Muppets
Posts: 1,809
Registered: 2002-1-15 08:30:50
Obama

 

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theredkay1  3 stars
Posts: 611
Registered: 2008-5-16 10:37:09
I blame fannie mae, freddie mac and Barney Frank!
Brother_Tempus  3 stars
Title: Patriot
Posts: 985
Registered: 2001-1-9 08:07:00
It will get worse ... the euro has to crash as the underlying world's reserve currency completes its massive unwind.

 

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Fist_de_Yuma  3 stars
Posts: 571
Registered: 2001-12-20 21:17:22
Liberals will not rest until they make us like them.

 

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NuEM  4 stars
Posts: 1,007
Registered: 2004-3-2 09:08:11
I wonder how they compare to US numbers if the same method for collecting them is used.

 

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Groucho48  3 stars
Posts: 821
Registered: 2003-10-22 03:00:14
Good thing we didn't completely cave to the austerity harpys, like Europe did.

 

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RHWarrior  3 stars
Posts: 770
Registered: 2009-9-30 18:42:12
We should have bought more gold.

 

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