Wilson Pon20 Million People Are Losing Their Job in EU!
September 24th 2009 04:43
The unemployment rate is skyrocketing in EU…
According to the EU latest unemployment report, there are more than 20 million people losing their job. The more anxious thing is the statistic seems to spike high, maybe will reach 30 million in the next few months!
The unemployment rate in the EU countries is to be known as the highest level since 2005. The Eurostat data agency said the levels of unemployment are stand at 8.9% of the whole EU’s population.
Joerg Angele, an experienced economist at Bayerische Landesbank described that there will be at least 10% of the whole EU’s population losing their job in the end of the year!
The even worse thing is the unemployment rate is keep rising, maybe up to 13% in 2010!
Amongst the EU countries, Spain has been recorded with the highest rate of unemployment, which is 17.4% of its country’s total population. In the other hand, The Netherlands has the lowest rate of unemployment in Eurozone, at 2.8% only!
Besides of the EU, those countries in Baltic region, such as Latvia (16.1%), Lithuania (15.5%) and Estonia (11%) also have very tremendous unemployment rate as well!
According to the EU latest unemployment report, there are more than 20 million people losing their job. The more anxious thing is the statistic seems to spike high, maybe will reach 30 million in the next few months!
The unemployment rate in the EU countries is to be known as the highest level since 2005. The Eurostat data agency said the levels of unemployment are stand at 8.9% of the whole EU’s population.
Joerg Angele, an experienced economist at Bayerische Landesbank described that there will be at least 10% of the whole EU’s population losing their job in the end of the year!
The even worse thing is the unemployment rate is keep rising, maybe up to 13% in 2010!
Amongst the EU countries, Spain has been recorded with the highest rate of unemployment, which is 17.4% of its country’s total population. In the other hand, The Netherlands has the lowest rate of unemployment in Eurozone, at 2.8% only!
Besides of the EU, those countries in Baltic region, such as Latvia (16.1%), Lithuania (15.5%) and Estonia (11%) also have very tremendous unemployment rate as well!
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