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| Economy |
| EU unemployment rate remains unchanged |
| 2010-12-01 |
| (KUNA) -- The unemployment rate in the 27 EU member states was 9.6 percent in October, unchanged compared with September. It was 9.4 percent in October 2009, according to figures released by Eurostat, the EU's statistical office, here Tuesday. The unemployment ratre in the 16 member euro area was 10.1 percent in October, compared with 10.0 percent in September. It was 9.9 percent in October 2009. Eurostat estimates that 23.151 million men and women in the 27 EU countries, of whom 15.947 million were in the euro area, were unemployed in October. Compared with September, the number of persons unemployed increased by 84, 000 in the EU and by 80,000 in the euro area. Among the EU Member States, the lowest unemployment rates were recorded in the Netherlands (4.4 percent), Austria (4.8 percent) and Luxembourg (5.0 percent), and the highest in Spain (20.7 percent), Latvia (19.4 percent ) and Lithuania 18.4 percent. Compared with a year ago, the unemployment rate fell in eight EU Member States and increased in 19. |
| Posted by:Fred |
| #2 >No Growth can occur in any Country widout SOCIAL COHESION This is of course, total nonsense. No growth can occur without the freedom to reciprocally exchange time (i.e. both parties own their time). There is of course a degree of massively damaging rent-seeking that tends to accrue to the super-rich, but rent-seeking should be tackled, not wealth accumulation. |
| Posted by: Bright Pebbles 2010-12-01 06:16 |
| #1 WAFF/XINHUA/TOPIX > ONE IN FIVE GREEKS LIVE IN [abject] POVERTY, SAYS GREEK MINISTER [GK Labor + SocSec Minster LOUKA KATSELI]. ARTIC = No Growth can occur in any Country widout SOCIAL COHESION, i.e. SERIOUS OR PROHIBITIVE GAPS EXIST BETWEEN RICH-N-POOR = SOCIAL, RULING CLASSES. |
| Posted by: JosephMendiola 2010-12-01 01:01 |