10.7 Percent: Unemployment In Europe Is Worse Than It Was At The Peak Of The Last Recession

3rd March 2012

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(EconomicCollapse) – The unemployment rate in the eurozone is now 10.7 percent.  That is the highest the unemployment rate has been since the introduction of the euro.  The unemployment rate in the eurozone never got any higher than 10.2 percent during the last recession.  This is very troubling news.  It was just recently announced that the eurozone has entered another recession, and already the unemployment rate is hitting new record highs.  So how bad are things going to get in the months to come?  Read the rest of this entry »

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