Categories

Economy & Politics

Tools

  • Economy & Politics
  • Investing
  • Personal Finance
  • Related Posts


    Pay Attention, Ignore The Fed
    This Is How The Much Anticipated “Second Seasonal Adjustment” Affected Q1 GDP
    US Economy Grew At 2.3% In Q2, Below Expectations, “Winter” Quarters Revised Higher On Double Seasonal Adjustments
    Why Russia Vetoed The MH17 Tribunal
    No, Trump Can’t Win. Yes, Clinton Can.
    Thirsty Swiss Cows Are Harbingers Of (Water) War
    China’s Headaches Are the Fed’s, Too
    A Leaderless Taliban Benefits Islamic State
    You Don’t Drink Treated Sewage? Gross!
    A $15-hour Minimum Wage Could Harm America’s Poorest Workers
    Even More Millennials Are Living At Home
    Donald Trump Keeps Crushing His GOP Rivals In The Polls
    Europe: Running On Borrowed Time
    I Wrote A Novel About Putin’s Russia And Now I Think My Pen Name Is Keeping Me Alive
    Scott Walker’s Campaign Fundraising Strategy, Beyond The Cheesesteak


    Eurozone Unemployment Abysmal

    Some American economic experts have lamented that Congressional fumbling has put the United States on the same economic track as the eurozone. If that is the case, things are only going to get worse. The 17-country European economy reported a record jobless rate of 11.8 percent this week.

    Eurostat, the European Union’s data office, reported record high jobless rates of 11.8 percent in November, up from 11.7 percent the previous month for countries in the eurozone. The entire 27-country EU’s jobless rate is at 10.7 percent.

    The people affected most by high unemployment in eurozone countries are 15- to 25-year-olds, for whom the overall jobless rate is 24.4 percent. In Greece youth unemployment is about 58 percent, and in Spain about 57 percent of youths are unemployed.

    Economic experts say, however, that the high unemployment levels could be misleading as a massive underground economy has emerged in many eurozone countries. In Greece, Italy, Spain and a few other EU countries, workers have taken to working jobs under the table to avoid high taxes implemented to aid the economy.

    Discuss this Story:

    Comment Policy: We encourage open discussion. Comments including racist statements, profanity, name calling or spam will be removed at our discretion. We use filters for spam protection. If your comment does not appear it is likely because it violates the policy.

    GDP Grows 2.3% In Second Quarter
    Second-quarter GDP Seen Rebounding On Consumer Spending, Housing
    House Speaker Boehner Supports Ending U.S. Oil Export Ban
    Fed Says Economy Improving; September Rate Hike In View
    The Layoffs Return: Energy Giants Chevron, Saipem To Fire Over 10,000 Workers
    3-Year-Old London Child Deemed ‘Extremist;’ Placed In Government Reeducation Program
    The End Draws Near For Syria’s Assad As Putin’s Patience ‘Wears Thin’
    Ron Paul Slams Gen. Wesley Clark: Is He Kidding, Internment Camps?
    Could Trump Win?
    The True Minimum Wage Is $0 Per Hour
    Average Age Of Cars On U.S. Roads Breaks Record
    Wall Street Is In Clinton’s Corner
    Chinese Stock Turmoil Unlikely To Hurt U.S.
    Consumer Confidence Drops Sharply In July
    The Bookies Think The Iran Deal Is Very Likely To Get US Approval
    Mullah Omar, Leader Of The Taliban, Has Apparently Been Dead For At Least Two Years
    Greece’s Tsipras, Hounded By Left, Vows ‘Thus Far And No Further’
    Who’s Afraid Of Uber?
    Making A Muddle Of Nutrition Labeling
    Hillary Clinton’s Bewildering Economics
    Only In America: The Luxury Pickup Truck Takes Off
    The Minimum Wage: Job Killer Or Lifeline?
    Is ‘Made In China’ A Thing Of The Past?
    As Fed Approaches Rate Hike, Job Growth Shifts Away From Oil Patch
    German ‘Wisemen’ Say Euro Zone States Should Be Able To Go Bankrupt
    American Capitalism Isn’t Broken After All
    What Clinton’s Capital Gains Plan Won’t Do
    Liberals Abandon Religious Liberty
    Clinton Favorability Plunges, Sanders Surges Amid Classified Emails Scandal
    IRS Scam Calls And Threats Heat Up This Summer
    Read more from Economy & Politics...

    Liberty Investor Digest

    Get today's most important
    financial headlines all in
    one place by email!



    Sources


    close[X]

    Sign Up For Liberty Investor Digest™!

    Get Liberty Investor Digest FREE By Email!

    Input your name and email address in the fields below and get today's most important financial headlines sent straight to you inbox!

    Privacy PolicyYou can opt-out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.