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Sunday, April 3, 2011

Unemployment 23 million

The rate of unemployment across the 17-nation currency euro zone hitting a record 10.1% in October, Some 15.75 million people were looking for work in February. 

Across the wider 27-nation EU, which includes non-euro Britain and Poland, the jobless rate was 9.5% .Some 23.05 million

The highest unemployment rate was recorded in Spain at 20.5%, while the Netherlands had the lowest rate at 4.3%. 

The corresponding rate for the US was 8.9%, and for Japan 4.6%.

Civil unrest will happen if this is not solved as most unemployed are under 25 years old.

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