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Euro zone unemployment crept up to its highest level in 10 years in May, data showed on Thursday, casting a shadow on prospects for any quick recovery from the worst economic recession since World War Two. The unemployment rate in the 16-nation euro... Full Article at CNBC
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Unemployment hit a 10-year peak in the euro zone in May and U.S. jobless figures were expected to reach their highest level in 26 years on Thursday, dimming any prospect of a quick recovery from recession. In Sweden, the central bank pulled out the Full Article at Globe and Mail
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By Nicholas Winning and Ilona Billington LONDON -- The unemployment rate in the 16 countries that use the euro rose more than expected and to the highest level for a decade in May as more companies laid off staff in a bid to survive the deepest Full Article at Wall Street Journal
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Unemployment in the 16 countries that use the euro spiked to a 10-year high in May, reinforcing concerns any recovery will take time with so many people out of work. Eurostat, the statistics office of the EU, said Thursday the seasonally-adjusted Full Article at TheNewsTribune.com
