Unemployment in the euro became the highest for two years.

KommentariiOdnim mahom27.01.2009Za day worldwide company laid off 85 thousand persons Unemployment in the euro area in December 2008 was eight percent, which was the highest level since November 2006. That was reported by AFP, referring to the data the statistical agency Eurostat. The number of unemployed in the European Union in December 2008, as estimated Eurostat, totaled 17.91 million, including 12.47 million euro. In November last year, unemployment in the euro zone reached 7.9 percent.
January 19, 2009 The European Commission released a forecast of some macroeconomic indicators. According to the European regulator, the unemployment rate in the euro area this year will be 9.3 percent. In 2010 this figure will rise to 10 percent. This will be facilitated by the continuing downturn in the economy of the euro zone, caused by the global financial crisis.
According to the EU, eurozone GDP in 2009 decline by 1.9 per cent, which will be the most severe decline in the history of actions of the single European currency. Recall that the eurozone economy was in recession in 2008, when the second and third quarters of the reduction was of 0.2 per cent. According to the preliminary assessment of the European Commission, the decline in GDP in the fourth quarter of last year was 1.5 percent.