Euro zone unemployment hits a new record low: 17.4 million out of work

Saturday, June 2nd 2012 - 02:49 UTC

Full article 5 comments

Euro zone unemployment has hit a record high, and job losses are likely to keep climbing as the bloc's devastating debt crisis eats away at businesses' ability to hire workers while indebted governments continue to cut staff. Read full article

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Teaboy2
Title - “Euro zone unemployment hits a new record LOW: 17.4 million out of work”

Start of First Sentence in Article - “Euro zone unemployment has hit a record HIGH”

Well which one is it Mercopress lol
Jun 02nd, 2012 - 07:46 am - Link - Report abuse 0
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Malvinero1
I think thay meant :“Employment hit a record low”
17.4 million unemployed...3 million from uk!
Jun 02nd, 2012 - 01:25 pm - Link - Report abuse 0
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Raymo
@2 Malvinero1 You must be really thick! the article was about unemployment in the Euro zone, the UK is not in the Euro Zone.

Typical Argie always getting the FACTS wrong!!!
Jun 03rd, 2012 - 12:29 am - Link - Report abuse 0
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Malvinero1
@2 Malvinero1 You must be really thick! the article was about unemployment in the Euro zone, the UK is not in the Euro Zone.

You are rigth,uk is OUT of EUROPE!(DOES not having the EURO will qualify uk for that?
So Unemployment is worse in Europe,17.4 +3 million about 20.4 millions
Jun 04th, 2012 - 01:38 am - Link - Report abuse 0
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Teaboy2
Maviner

The EU and the Euro Zone are two different things, the EU is political organisation of member states (27 in all including the UK).

The Euro Zone is just a group of countries inside the EU, whom share the same currency. Not all EU countires are in the Euro Zone.

By your logic, because Denmark, opt-out to joing the Euro Currency, they to are not part of Europe, despite the fact they are joined at the hip with Germany. Its also worth noting that the Eurozone also includes 2 non EU countries Solvakia and Solvenia - Both of which are outside on the EU but are still european nations.

The reason many of us brits do not see ourselves as european, is because we are not joined to the rest of europe by land, we are an island on the edge of Europe that has for centuries been at war with the likes of Spain (we won every time) and France (again, we won every time) and off course more recently with Germany in 2 world wars (both of which germany lost). End of the day ur culture is very different to the rest of the other EU nations cultures and thats what makes us British and not european.

In fact the majority of the brits, could careless about what happens in the EU or Eurozone, we want out of the EU. Sure if the Euro Zone collasped and the EU split up, it would hit our economy, but because out economy is strong, it will simply absord the impact and bounce back within 2-3 years, which i pointed out on these very boards over 6 months ago.

You keep saying the UK is finished, sorry but just because a car goes over a bump in the road, it doesn't mean the wheels will fall off. And right now the UK economy has simply hit a bit of a bumpy road - Where as argentina's economy is griding to a halt as it has simply ran out of fuel and is now just being pushed along down hill your politicians. But once they start trying to push uphill (such as when they run out of options to save the economy) then your economy will collapse as it will have stalled.
Jun 04th, 2012 - 08:39 am - Link - Report abuse 0
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