Categories

Economy & Politics

Tools

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


    U.N. Says MH-17 Downing ‘May Be War Crime’; Russia Responds Photos Of Ukraine Shelling Are Fake
    Apocalypse Preview: Chinese River Turns Blood-Red
    The Chinese Vs Japanese Navy Head To Head: An Infographic
    Ukrainian Fighter Jets Were With Malaysian Flight 17 When It Was Shot Down
    China’s Storm: 2016
    Gary Shilling: ‘Q2 GDP Was Closer To 1 Percent Than To 3 Percent. It Could Even Be A Negative Number’
    China Expands Live-Fire Gulf Of Tonkin Drill; Warns Of Massive Flight Disruptions
    America’s Lost Decade: Typical Household Wealth Has Plunged 36 Percent Since 2003
    Can The U.S. Go Bankrupt?
    Audit Reveals Huge Security Gaps In USDA Data Network
    Export Import Bank Subsidizes Russian Companies Under US Sanctions
    Justin Amash Versus The Chamber Of Commerce
    Philly Doctor Lee Silverman Shoots Murderer At ‘Gun-Free’ Hospital
    Russian Involvement In Ukraine Deepens
    Why Have A Bill Of Rights?


    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.

    China Is Using Its Immense Commercial Fishing Fleet As A Surrogate Navy
    The Diplomatic Battle Between China And Japan Is Taking A Latin American Road Trip
    Here’s What Automakers Have To Gain From Connecting Cars To The Internet
    Here Is How Salaries Of Indian And US CEOs Stack Up, Adjusted For Purchasing Power
    Read This And Take The Rest Of The Day Off
    Don’t Be Fooled By The Fed’s Facade
    Paul Ryan Has Good Questions But Few Answers
    Homebuying Gets A Housecleaning
    Drought Hits China Food Production
    Obama Could Curb Corporate ‘Inversions’ On His Own
    Investors Pin Growth Hopes On U.S. As Ukraine Crisis Casts Shadow On Europe
    Price Of Seats Slashed At Obama’s California Fundraisers
    Welcome Back, Paul Ryan
    Europe Unveils Preliminary Sanctions Against Russia
    Things In The Middle East Are About To Get Much Worse
    Where China Goes To Outsource Its Own Soaring Labor Costs
    You Know It’s The New Normal When…
    America The Divided: Everyone Knows We Have Problems But There Is Very Little Agreement On Solutions
    Food Inflation Watch: California Farmers’ Water Costs Surge 700% After Government Cuts Supply
    The 10 Plagues That Are Hitting America Right Now
    Iraqi Oil In Context: 60% Of OPEC Growth Expectations
    ‘He Who Makes The Rules Never Goes To Jail For Breaking Them’
    Report Questions Motives Behind Post-Midterm Timing Of Obama Administration’s Next Wave Of Regulations
    Senate NSA Bill Could Come As Early As Next Week
    Maine Governor Curbs Public Assistance To ‘Able-Bodied’ Recipients Unless They Work
    Adani’s Ambitious Coal Mine In Australia Faces A Formidable Opponent—Nemo
    How To Run A Team Of People Who Never See Each Other
    China’s Cancelled Burma Railway Is Its Latest Derailment In Southeast Asia
    The Surprise Obamacare Ruling That Wasn’t
    In This Gaza War, The Truth Is Buried
    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.