Eurozone unemployment in March comes in at 10.9%, in-line with expectations and up slightly from...


Eurozone unemployment in March comes in at 10.9%, in-line with expectations and up slightly from 10.8% previously. It's a euro era high. Spain (24.1%) and Greece (21.7%) had the highest rates. Austria (4.0%) and the Netherlands (5.0%) had the lowest. (PR)

Comments (5)
  • bbro
    , contributor
    Comments (11217) | Send Message
     
    Eurozone unemployment rate was 7.4% in December 2007...
    2 May 2012, 05:15 AM Reply Like
  • User 353732
    , contributor
    Comments (5158) | Send Message
     
    The chronic inability to create jobs for ordinary people and catastrophic levels of unemployment and underemployment for young adults is compelling proof that the EUropean Project is a failure for the great majority of European citizens.
    Collectivism, oligarchy, fiat currency and bad public debt have created a matrix of wealth and job destruction. For growing millions of people the EU is now an economic prison.
    2 May 2012, 05:43 AM Reply Like
  • youngman442002
    , contributor
    Comments (5123) | Send Message
     
    I agree User 353....they have their feet in cement ...they can´t move..nor can they change...and the jobs are moving out of their reach..
    2 May 2012, 08:31 AM Reply Like
  • WMARKW
    , contributor
    Comments (10787) | Send Message
     
    I wonder what the obstacles of moving from Greece and Spain to Austria are?
    2 May 2012, 12:31 PM Reply Like
  • schatzl
    , contributor
    Comments (391) | Send Message
     
    Language is a massive barrier, but I was in Vienna a couple of weeks ago and was surprised by the many young Spaniards and Italians. There is a noticeable influx of young peripheral Europeans into Austria.
    2 May 2012, 04:07 PM Reply Like
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