Wednesday, February 08, 2012

Eurozone unemployment at euro-era high
refWrite comment: Why is there no Eurozone reformational conference for study toward action [study>action] on thisthematic.  Europe is in an unemployment crisis, a crisis of joblessness.  Our strongest reformational connections are academic, the Christian National Labour Federation in the Netherlands withits 350,000 members do not get sufficient attention from our academics — where are our labour-savy economists? —EconoMix
Unemployment in the eurozone reached a new record last month, in a further sign of the currency bloc’s faltering economic recovery.

Joblessness in the 17 countries that use the euro rose to 10.4 per cent at year end, according to seasonally-adjusted data from the European Union’s statistical arm. The 0.1 percentage point increase from November’s estimate compares to an unemployment rate of 9.5 per cent a year earlier.

A small fall in Germany, from 5.6 to 5.5 per cent, was offset by rises in much of the debt-laden periphery of the eurozone, including a 0.4 percentage point rise in Portugal to 13.6 per cent. 

Financial Times (Jan31) Breaking News email newsletter

— Posted by Economix, refWrite Frontpage economics & business columnist 
general editor, refWrite Frontpage

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