Posted tagged ‘unemployment rate’

Eurozone Unemployment

September 2, 2012

The rate of joblessness in the Euro zone has reached 10.8 percent, this is indeed high.

source: http://www.tradingeconomics.com/euro-area/unemployment-rate.

More unemployment means less purchasing capacity by the consumers and people of a particular country or economy. It is not clear when the economic conditions in Europe will improve, so that unemployment rate and other macroeconomic indicators will start to improve.

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