- Unemployment in euro zone at record high, By David Jolly and Raphael Minder, October 1, 2012, New York Times: “New data Monday showing record jobless rates in the euro zone underscored the pain inflicted by the slowing world economy and the financial problems plaguing many of the countries that share the euro currency. Unemployment in the 17-member euro area rose to 11.4 percent in August, Eurostat, the statistical agency of the European Union, reported from Luxembourg. The agency also revised the figure for June and July to 11.4 percent, up from the previously reported 11.3 percent, which was already a record level for the region since the introduction of the euro in 1999…”
- Unemployment in 17-country eurozone holds steady at record 11.4 percent in August, Associated Press, October 1, 2012, Washington Post: “Unemployment across the 17 countries that use the euro remained at its record high rate of 11.4 percent in August renewing concerns that efforts to slash debts have sacrificed jobs. While European leaders have calmed financial markets in recent months with promises to cut spending and build a tighter union, they haven’t solved the eurozone’s deep-rooted economic problems and the rising tide of joblessness…”
Poverty-related issues in the news, from the Institute for Research on Poverty