Europe’s New Dismal Jobless Numbers


The euro zone has registered yet another record high unemployment rate of 12.2%, European statistics agency Eurostat reports on Friday.

Earlier in the day, Italy, the third-largest economy in the currency bloc, reported a first quarter jobless rate of 12.8%, the highest in the 36 years this data has been collected, Meanwhile youth unemployment rose to a staggering 40.5%, also an all-time record high, reports Il Sole 24 Ore.

Here is a breakdown of the alarming numbers:

-More than 26 million people unemployed in the 27-member European Union.

-More than 19 million unemployed in the 17-country euro zone.

-Euro zone average: 12.2%

-European Union average: 11%

Highest rates:

Greece: 27% in February 2013

Spain: 26.8%

Portugal: 17.8%

Lowest rates:

Austria: 4.9%

Germany: 5.4%

Luxemburg: 5.6%

In comparison, the United States was 7.5% down from 7.6% in the previous month and 8.1% in April 2012.

Youth unemployment:

-Euro zone youth unemployment: 24.4% up from 24.2% in January 2013.

-European Union under-25 unemployment: 23.5% down from 23.6% in January 2013.

Euro area inflation expected to be on the rise:

via Europe’s New Dismal Jobless Numbers – All News Is Global |.

Advertisements

About Old Boy

Love the past and the future but live in the present

Posted on June 2, 2013, in buisiness, EU, Government, International affairs, politics and tagged , , , , , , , , , . Bookmark the permalink. Leave a comment.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Mystic Land

Let's mend the broken

HEALTHY LIFESTYLE

I CAN'T CONTROL EVERYTHING IN MY LIFE, BUT I CAN CONTROL WHAT I PUT IN MY BODY.😎🍓🍍🍇🍑🍐🍉🍈🍏🍊🍋🍅🍎🍌🍠🍢🍥

Saranya

Normal thoughts but unique view

David, earth planet , knopfler and a humble man

Amante libros, música y viajes A bookworm and lover of tunes and wayfarer

Web Dietitian

Debunking myths and uncovering the truth on food and nutrition by a Registered Dietitian

inpuntadipiedinaturalmente

dai rimedi naturali fatti in casa alla riflessologia

thepracticalhistorian

Your guide to practically true history.

MadhviMuses

Read Books, Chase Butterflies, Eat Breakfasts,Love Life!

La Rioja and the world seen from my guardaviñas

Sharing ideas. Photos, travels, music, History, stories,...

The Visualizer

Reinforcing creativity with tech

Manić Teodora

Jer ono u šta ljudi poveruju, to će vremenom i postati.❤ Because in what people belive, that's who they will become as the time passes by. ❤

Ultimatetravel

I haven’t been everywhere, but it’s on my list.

Yes, I Know

The movies wouldn't lie to me... would they?

El Zocco

Un espacio de información sobre ocio, moda, sexo, música y viajes.

Create Awesome

Life Awesome On YouTube

doar, o viaţă

eu trăiesc, când să fiu supărat

ChronosFeR

Música, Literatura, Fotografia, Cinema,Cultura.

MaBeautility

Passie voor beauty, bloggen, lifestyle, dans en make-up

That middle class girl

The winner of hearts!

FLOW ART STATION

The New contemporary Art Magazine

21st Century Films

Film Analysis, Essays, and Short Stories

Writetable Words

write to tell stories.

swo8

Music means something

Discobar Bizar

Welkom op de blog van Discobar Bizar. Druk gerust wat op de andere knoppen ook, of lees het aangrijpende verhaal van Hurricane Willem nu je hier bent. Welcome to the blog of Discobar Bizar, feel free to push some of the other buttons, or to read the gripping story of Hurricane Willem whilst you are here!

Playing by My Own Rules

Cancer Messed with the Wrong Hellion

manologo

pienso y recuerdo...luego, existo

When The Whippoorwills Sing

Queer Supernatural Romance and Horror Erotica

Noellie's Place

Life is brutal at times but always offers beauty and love to soften the blows if you open your hearts eye

After Credits Corner

There's a million films I haven't seen. Just you wait...

Reel Time Flicks

Film reviews and news, everyone's a critic! Welcome to the drinking blog with a film problem.

baz allen

Archive

Silents, Please!

interesting avenues in silent film history

Superduque

Mi patria es todo el mundo.

WRITE THEM ALL.

THOUGHTS. FEELINGS. MEMORIES.

Budget Traveler

Travel Guide, Blog & Reviews

The Conglomerate Lode

Mining thoughts, opinions, and experiences that enter the eyes the front door to the grey matter

La Audacia de Aquiles

"El Mundo Visible es Sólo un Pretexto" / "The Visible World is Just a Pretext".-

CINESPIRIA

Shining a light on the deep recesses of film history

Dr. Grob's Animation Review

The animation film review site

Genç Yazarlar Kulübü

Edebiyat burda, kahve tadında.

%d bloggers like this: