Brand New Data On Youth Unemployment - The Scariest Numbers In Europe
Jan 8, 2013, 15:41 IST
Eurostat is out with November unemployment numbers for the EU and the Eurozone.
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Unemployment has hit a new record:
The euro area1 (EA17) seasonally-adjusted2 unemployment rate3 was 11.8% in November 2012, up from 11.7% in October4. The EU271 unemployment rate was 10.7% in November 2012, stable compared with October4. In both zones, rates have risen markedly compared with November 2011, when they were 10.6% and 10.0% respectively. These figures are published by Eurostat, the statistical office of the European Union.
What's really scary are these heart-stopping youth unemployment numbers.
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