6 out of 10 young people in Spain and Greece are unemployed. Every fourth young person in Europe is unemployed. How long do you think it will take...
Europe’s Peak Youth Unemployment Gets Peak-er
Submitted by Tyler Durden on 11/29/2013 – 10:10
Despite a ratings ‘upgrade’ Spain’s youth unemployment rate has re-surged to a record 57.4% (just below that of Greece which still tops the scary chart list at 58%). Italy and Portugal also saw notable rises (despite the former’s record low short-dated bond yields) at 41.2% and 36.5% respectively. Ireland and France saw modest improvements but overall the Euro-zone’s youth unemployment just keeps rising. In spite of all the rhetoric from Merkel, Van Rompuy, and Barroso, 24.4% of Europe’s under-25 population is unemployed…
Source: http://www.orlytaitzesq.com/?p=441490
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