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Monday, May. 20, 2013 |  Syndicate content

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Unemployment misery deepens in Spain and Greece

The eurozone debt crisis extracted a heavy price in Spain and Greece to start the year as labor markets in both countries continued to shed jobs.
CNN Money: April 25, 2013

Spain's population shrinks as immigrants flee economic crisis

Spain's population fell last year for the first time in decades, as immigrants left the country amid a major economic crisis, officials say.
BBC: April 22, 2013

Official statistics hide true scale of Italian joblessness

Millions of discouraged Italians are so convinced they have no chance of finding work that they have given up looking altogether, meaning official figures severely understate the number of unemployed.
Reuters: April 11, 2013

Greece’s unemployment rate increased to record high in January

Greece’s unemployment rate increased to a record in January as the country’s economic downturn entered a sixth year.
Bloomberg: April 11, 2013

Brain Drain: 120,000 Professionals leave Greece amid crisis

Greece's sky-high unemployment and shrinking economy are leading to significant brain drain, a new study has found. The number of young scientists leaving Greece has become painfully high
Spiegel Online: April 10, 2013

Six million jobs lost in EU since 2008

European Union economies have shed almost six million jobs since the global economic crisis struck in 2008, the International Labour Organisation said Monday.
AFP: April 8, 2013

Lessons from Greece's meltdown

Khalid felt "at home" on the streets of Athens and Sheila saw "encouraging signs" of economic recovery in Greece, but Clemence admitted to feeling "overwhelmed" by the "human impact of the crisis."
The National: April 8, 2013

Greece Jobless Figure: Youth Employment At 58%

Latest unemployment figures for Europe show a general worsening, with nearly three out of every five Greek youths out of work.
Sky News: April 3, 2013

Eurozone Jobless Rate Hits Record 12 Percent

Unemployment across the 17-nation euro currency bloc has hit 12 percent for the first time.
April 2, 2013

Greek unemployment at 26.4%

Greece maintained its top position in unemployment in the European Union, with the unemployment rate rising to 26.4% in December 2012, while unemployment among young people –aged below 25 years old- was 58.4%, Eurostat said On Tuesday.
April 2, 2013