Skip to comments.Euro-Zone Unemployment Strikes Record
Posted on 10/31/2012 6:50:35 AM PDT by Oldeconomybuyer
The number of people out of work in the euro zone climbed to another record high in September, the latest evidence of the damage the region's long-running fiscal crisis is doing to the real economy as governments cut spending to try to control their debts.
Eurostat, the European Union's official statistics agency, said Wednesday that 18.49 million people were unemployed in the euro zone in September, after 146,000 more people lost their jobs during the month. The total is the highest on record for the 17 nations that now use the euro, based on data going back to 1995.
(Excerpt) Read more at online.wsj.com ...
If we had honest figures from the 0bama Bureau of Labor Statistics, the US would probably be in the same neighborhood.
Our liberal elites are quiet about that now...nothing like total failure to shut them up..
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