久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

USEUROPEAFRICAASIA 中文雙語Fran?ais
World
Home / World / Europe

Record unemployment underlines EU's pain

Agencies | Updated: 2013-05-31 20:16

Record unemployment underlines EU's pain

Job seekers line up to submit their resumes during an employment fair in La Roca Village, near Barcelona, in this May 21, 2013 file photo. [Photo/Agencies]

BRUSSELS - Unemployment has reached a new high in the euro zone and inflation remains well below the European Central Bank's target, underscoring just how severe a challenge EU leaders face to revive the bloc's sickly economy.

Joblessness in the 17-nation currency area rose to 12.2 percent in April, statistics agency Eurostat said on Friday, marking a new record since the data series began in 1995.

With the euro zone also in its longest recession since its creation in 1999, consumer price inflation was far below the ECB's target of just below 2 percent, coming in at 1.4 percent in May, slightly above April's 1.2 percent rate.

That rise may quieten concerns about deflation, but the deepening unemployment crisis is a threat to the social fabric of the euro zone, with almost two-thirds of young Greeks unable to find work exemplifying southern Europe's threat of creating a 'lost generation'.

Economists and policy makers have expressed concern that the greatest threat to the unity of the euro zone is now social breakdown from the crisis, rather than market-driven factors.

In France, Europe's second largest economy, the number of jobless rose to a record in April, while in Italy, the unemployment rate hit its highest level in at least 36 years, with 40 percent of young people out of work.

Some economists expect the ECB, which meets on June 6, to act to revive the economy and go beyond another interest rate cut to consider a U.S.-style money printing program known as quantitative easing.

"We do not expect a strong recovery in the euro zone," said Nick Matthews, a senior economist at Nomura International in London. "It puts pressure on the ECB to deliver even more conventional and non conventional measures."

In the past, the euro zone has needed economic growth of around 1.5 percent to create new jobs, according to Carsten Brzeski, an economist at ING. With the Organisation for Economic Cooperation and Development forecasting this week that the euro zone economy would contract by 0.6 percent this year, unemployment is set to worsen long before it turns around.

"We do not see a stabilization in unemployment before the middle of next year," said Frederik Ducrozet, an economist at Economist at Credit Agricole in Paris. "The picture in France is still deteriorating."

Previous 1 2 Next

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 97久草| 中文字幕天堂最新版在线网 | 国产在线播放一区 | 亚洲国产精品a一区二区三区 | 久久久久久久国产高清 | 97国产大学生情侣11在线视频 | 午夜伦4480yy妇女久久久 | 精品久久久久中文字幕日本 | 国产精品免费一区二区区 | 亚洲一级毛片免费在线观看 | 成人在线播放 | 午夜成人影视 | a级国产精品片在线观看 | 欧美美女视频网站 | 免费特黄一级欧美大片 | 91免费永久国产在线观看 | 九九国产在线 | 久久成人国产精品 | 在线观看成年视频 | 亚洲一区二区三区不卡在线播放 | 在线播放波多野结衣 | 大美女香蕉丽人视频网站 | 国产黄a三级三级看三级 | 免费a级毛片大学生免费观看 | 国产精品色午夜视频免费看 | 日韩欧美视频在线播放 | 2022日韩理论片在线观看 | 男女国产一级毛片 | 欧美大片国产在线永久播放 | 国产日韩欧美在线 | 97香蕉久久夜色精品国产 | 九草视频 | 成人合集大片bd高清在线观看 | 另类专区国产在线视频 | 国产日韩精品一区在线不卡 | 欧美特黄一级高清免费的香蕉 | 久草在现视频 | 久久男人的天堂 | 五月天激激婷婷大综合蜜芽 | 国产成人福利美女观看视频 | 黄+色+性+人免费 |