Sunday 3 April 2011

Unemployment starts to drop in EU

BBC, April 1, 2011 - The unemployment in the Euro zone has started to fall. Positive version of the same statement would be that the employment is on the rise. This is a very good sign. It has taken a while for the EU economies to catch up on the recovery but it is finally happening.

Have in mind that the stats differ wildly by country. Some countries are well into double-digit unemployment while others are in the range of natural unemployment (around 4%). 

http://www.bbc.co.uk/news/business-12934941

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