Unemployment
The FT has some sobering predictions for European unemployment next year:
Spain 15%
Hungary 9%
Germany 8%
France 8%
Greece 8%
Poland 8%
Ireland 7%
Italy 7%
Sweden 7%
Slovakia 7%
The UK looks relatively strong at 3.6% and the lowest is the Ukraine at 2%. This makes me worried about the Euro, the possibility of social unrest and whether the Eurozone economy will be able to have a strong recovery in 2010.
posted by Whispering Walls at 9:07 am
3 Comments:
You are 100% correct....
I think the UK figure will be much worse than that. It's certainly bad news for Spain.
It could be, Ellee, and anyway it doesn't count people on sickness benefit
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