Unemployment, Euro | featured news

Unemployment in Euro Zone Reaches a Record High of 12 Percent

Unemployment in the euro zone rose to yet another record high in the first two months of the year, official data showed Tuesday, providing confirmation that the economy remains in a deep freeze.

 

Euro Watch: Euro Zone Unemployment Rose to New Record in February

The data is likely to put pressure on the European Central Bank to cut interest rates at its next meeting.

 

Spanish Job Losses Stabilize

Spanish jobless claims rose at the slowest pace in six years in August, the country's labor ministry said, a sign that surging unemployment in the euro zone's fourth-largest economy is leveling off.

 

Eurozone unemployment hits new record in May

Eurozone Unemployment

Unemployment in the 17-country euro currency bloc hit another record in May as the crippling financial crisis pushed the continent toward the brink of recession, official figures showed Monday.

 

Stocks tumble as euro drops, jobless claims rise

Stocks tumble as euro drops, jobless claims rise

The stock market tumbled again Thursday after another drop in the euro and disappointing U.S. employment news darkened investors already bleak view of the world economy. Interest rates fell sharply in the Treasury market as investors once again sought the safety of U.S. government debt.

 

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