Tuesday, 8 January 2013

Eurozone Unemployment Hits New High



 With the news of the unemployment rate across the eurozone risen to a new record high of 11.8%,   Europe's jobless crisis deepen
                              

Youth unemployment hasalso risen again hitting 24.4% across the eurozone. In Spain, 56.5% of young people are out of work.

Spanish unemployment
Madrid's jobless queue to enter a city job centre
As unemployment across the eurozone continues to rise, many analysts are concerned whether the political will to continue to cut budgets can be sustained.
 
Economists warned that the data shows that Europe is still stuck in a severe economic mess, despite the progress made in 2012 to hold the eurozone together

People wait to enter a government-run employment office in Madrid January 3, 2013. (Reuters/Susana Vera)
People wait to enter a government-run employment office in Madrid January 3, 2013.



Protesters across the Euro zone find creative ways to make their voices heard


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