obs in the European Union continued to disappear in June, with unemployment reaching a four-year high and putting extra pressure of the bloc's coffers to help laid-off workers back into employment. According to fresh data released by the EU's statistics office, Eurostat, on Friday (31 July), some 21.5 million people - or 8.9 percent - were out of work in the 27-nation EU in June. The figure was 9.4 percent in the 16-member euro area - the highest in 10 years. Construction workers - the sector has been hit especially hard Spain, hit hard by the collapse of its construction sector, recorded the highest jobless rates at 18.1 percent, followed by Baltic States, Latvia (17.2 percent) and Estonia (17 percent). On the other hand, labour markets in the Netherlands and Austria seem to be in the best shape. The two countries have just 3.3 percent and 4.4 percent unemployed respectively.
obs in the European Union continued to disappear in June, with unemployment reaching a four-year high and putting extra pressure of the bloc's coffers to help laid-off workers back into employment.
According to fresh data released by the EU's statistics office, Eurostat, on Friday (31 July), some 21.5 million people - or 8.9 percent - were out of work in the 27-nation EU in June. The figure was 9.4 percent in the 16-member euro area - the highest in 10 years.
Construction workers - the sector has been hit especially hard
Spain, hit hard by the collapse of its construction sector, recorded the highest jobless rates at 18.1 percent, followed by Baltic States, Latvia (17.2 percent) and Estonia (17 percent).
On the other hand, labour markets in the Netherlands and Austria seem to be in the best shape. The two countries have just 3.3 percent and 4.4 percent unemployed respectively.
The little people should be glad to know that their job insecurities are gilding the lilies ofr the already rich. keep to the Fen Causeway
