Friday, June 1, 2012

Job losses, unemployment climb in Europe - Jun. 1, 2012

Job losses, unemployment climb in Europe - Jun. 1, 2012: " The 17-nation eurozone's unemployment rate reached the highest level since the creation of the common currency 13 years ago, climbing to 11% in April as employers slashed 110,000 jobs.
The unemployment rate in the broader 27-nation area that makes up the European Union rose to 10.3% in April, as employers trimmed 102,000 jobs from their payrolls. That was highest EU unemployment rate on records that go back to 2000."

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