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"unemployment" tag

Eurozone unemployment high, but business mood improves

Europe’s statistics office reported Friday unemployment in the 17-member eurozone remained steady at its record high of 12.1 percent, even though the jobless total decreased by 15,000. Eurostat said there were 19.23 million people out...

OECD predicts record eurozone unemployment for 2014

The Organization for Economic Cooperation and Development (OECD) believes unemployment in the eurozone will reach a new record by the end of 2014. In other industrialized countries job creation will be picking up slowly. Mass...

Spain unemployment falls steeply as tourism booms

The Spanish government has said unemployment in the crisis-stricken southern European nation has gone down markedly over the past four weeks. The main reason was a strong tourist season. The number of officially registered job...

Unemployment in France climbs to 15-year high

Unemployment in France has hit a level last seen in 1998 as Europe’s second-biggest economy remained stuck in recession. President Francois Hollande has vowed to reverse the rise, but the worst seems yet to come....