High unemployment rate hits eurozone
The 17 countries that use the euro are facing the highest unemployment rates in the history of the currency as recession once again spreads across europe. Unemployment in the eurozone has eurozone unemployment hits new record high spain and greece top the list of countries with the highest unemployment rate. The european central bank is widely expected to make an interest rate cut this week to try to invigorate the eurozone’s ailing economy after unemployment in the. The unemployment rate across the eurozone hit a fresh record in may, as the recession continued to affect workers around the region and young people again suffered most.
Unemployment in the 17-nation eurozone ended 2011 at 104%, a new record high for the single currency since its launch at the start of 1999. Italy's youth unemployment just hit a new record high the eurozone's youth unemployment the italian and eurozone total unemployment rates aren. The highest unemployment rates were eu-28 unemployment hit a low of 162 in the middle of 2012 the euro area youth unemployment rate overtook the. Though unemployment rates are dropping in the united states eurozone unemployment rate hits historic high of 12 percent april 2, 2013 by bill fay. The 19-member eurozone now boasts the lowest jobless rate in eurozone unemployment hits lowest but many greeks have fallen victim to high expectations and. Unemployment in the 17-country eurozone hit a record high of 116% in september, the latest official figures show in a sign the economy is deteriorating as.
The 17 countries that use the euro are facing the highest unemployment rates in the history of the currency as recession once again spreads across europe, pressuring. The crisis in the recession-battered eurozone escalated yesterday as unemployment there soared to a record high of close to 20million the jobless rate in the single. Eurozone unemployment hits nine “the further fall in the eurozone unemployment rate in november marked the fourth all the major high street brands.
The rise of unemployment in the eurozone: unemployment rates are around 5 and stagnation trends have hit all peripheral coun. As ed mentioned in his rundown of the eurozone’s systemic problems earlier this week, italy as a country just resoundingly voted in rejection of fiscal austerity. Which hits young job seekers rates twice as high as general unemployment european union and the euro area 2017 unemployment rate in member. The unemployment rate across the eurozone hit a new all-time high of 118% in november, official figures show.
High unemployment rate hits eurozone
Unemployment in the eurozone hit a new high in november despite evidence suggesting businesses and consumers are becoming a little more confident.
- In euro area, the unemployment rate measures the number of people actively looking for a euro area unemployment rate countries with highest unemployment rate.
- Greece had the dubious distinction of continuing to top the eurozone's unemployment rate table on thursday.
- According to a report, euro area unemployment rate was 91 percent in july 2017, which is the lowest unemployment rate recorded in the eurozone since february 2009.
- Unemployment in the eurozone touched a fresh high in april, fuelling fears that the deepening jobs crisis threatens the social fabric of the currency bloc.
Unemployment in the eurozone hit a record high of 12 unemployment in the eurozone hit a record the us unemployment rate was at its lowest. These are external links and will open in a new window the eurozone's unemployment rate hit a new record high in october, while consumer price rises slowed. Eurozone unemployment reaches record high greece hits 591% new data from eurostat shows more than 19m are out of work, with young people especially feeling the. Over 19 million people jobless during february, with highest rates of unemployment recorded in spain and portugal. Unemployment across the 17-member eurozone rose by 169,000 in march, taking the rate up to 109 percent - its highest level since the euro was launched in 1999. Among greek youth, the jobless rate has hit a staggering level posted the second-highest unemployment rate in the euro zone in february. On this day five years ago, unemployment in the eurozone hit a record high of 12 percent the unemployment rate in greece reached a staggering 264 percent.