The Financial Times has 2 stories today on the unemploymentt crisis in the Eurozone:
The first on is on the front page: “Eurozone unemployment has surged to a record level, highlighting the region’s weakening economy in the face of fiscal austerity measures and its increasing divergence from the US.”
Read the full story here.
The other is entitled: ‘Unemployment tests eurozone austerity drive”: “Relentless rises in eurozone unemployment, which official data on Wednesday showed had never been higher since the euro’s launch, will intensify pressure for a broader European growth strategy less focused on fiscal austerity, analysts said.”
Read the full story here.