Tuesday, January 31, 2012

Meanwhile in Europe… Unemployment, December 2011.

January 31, 2012

Merijn Knibbe

Total unemployment in Europe hit a new record in December. Differences still increase as unemployment in Germany (and Slovakia) is still declining while in all other countries unemployment is either stable (often at a high level) or increases (no data on the Baltic countries, though, for the last quarter of 2011). I will continue to publish graph 1 on this blog every month, adding another graph showing other aspects of unemployment. Graph 2 shows long-term unemployment (> 12 months) in some countries. That was not what was supposed to happen, when the Euro was introduced – and up to 2008 everything indeed seemed just fine. Note that Germany did not do too well, up to 2006…
Article and links here

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