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The Worst Unemployment Chart In The World

Feb 28, 2014, 15:38 IST

We've said it before, and we'll say it again. This chart of Eurozone unemployment is the worst in the world.

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It's not that it's getting worse (it's not) it's that in the midst of what should be a "recovery" for the Eurozone, it's just going nowhere.

Once again, according to Eurostat, unemployment refuses to budge at 12.0%. So the economy is flatlining - marginally improved from its worst levels, but really not showing any traction at all. There's an ECB meeting next week. Will they do anything?

Eurostat

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