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Eurozone unemployment hits record high
www.ft.com ^ | July 2 2012 | Financial Times

Posted on 07/02/2012 6:49:06 PM PDT by NoLibZone

The European Central Bank is widely expected to make an interest rate cut this week to try to invigorate the eurozone’s ailing economy after unemployment in the region climbed to a record high and a key survey of manufacturing showed the sector to be at its weakest in three years.

(Excerpt) Read more at ft.com ...


TOPICS: Business/Economy; Extended News; Foreign Affairs; Germany; Politics/Elections; Russia; United Kingdom
KEYWORDS: eu; europeanunion; france; germany; russia; unitedkingdom

1 posted on 07/02/2012 6:49:14 PM PDT by NoLibZone
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To: NoLibZone

Obama is trying to break that record.


2 posted on 07/02/2012 6:54:04 PM PDT by beethovenfan (If Islam is the solution, the "problem" must be freedom.)
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To: beethovenfan

This cannot be true. They all have vastly better and more efficient health care systems. /sarc


3 posted on 07/02/2012 6:59:07 PM PDT by lonestar67 (I remember when unemployment was 4.7 percent)
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To: lonestar67

China meanwhile, becomes stronger...


4 posted on 07/02/2012 7:01:18 PM PDT by Cringing Negativism Network (America doesn't need any new laws. America needs freedom!)
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To: Cringing Negativism Network

China’s growth rate is actually slowing down, as is Europe and the US.


5 posted on 07/02/2012 7:07:41 PM PDT by moonshot925
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To: moonshot925

The problem is ours dips toward zero.

China’s drops below 8%...


6 posted on 07/02/2012 7:13:11 PM PDT by Cringing Negativism Network (America doesn't need any new laws. America needs freedom!)
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To: NoLibZone

oddly, the article never says what the rate is


7 posted on 07/02/2012 7:15:17 PM PDT by beebuster2000
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To: beebuster2000

It is 11.11%. I saw it here with the charts showing all economies slowing down.

Http://confoundedinterest.wordpress.com


8 posted on 07/02/2012 10:04:07 PM PDT by whitedog57
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To: beebuster2000

It is 11.11%. I saw it here with the charts showing all economies slowing down.

Http://confoundedinterest.wordpress.com


9 posted on 07/02/2012 10:04:13 PM PDT by whitedog57
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