Unemployment holds steady at 8.9% in European Union

Anthony Butcher · 02-02-2005, 03:15 AM

http://www.usatoday.com/money/world/...ployment_x.htm

Quote:

BRUSSELS (AP) — Unemployment in the 25-member European Union held steady at 8.9% in December compared with the month-earlier period, but the annual rate was 0.2 percentage points lower than a year ago, according to the EU's statistics office, Eurostat.
The highest unemployment rates were recorded in Poland with 18.3%, Slovakia with 16.9%, Spain with 10.4% and Germany with 10%.

The lowest rates were in Ireland with 4.3%, Luxembourg with 4.4% and Austria with 4.5%.

The 12 countries using the euro currency also had an average unemployment rate of 8.9%, up 0.1 percentage point from November.

December's unemployment rate was 5.4% in the United States and 4.4% in Japan.

mkpdavies · 02-02-2005, 03:23 AM

That pretty much explains why all the pizza boys are now Polish. You can't blame them when unemployment is that bad over there! I though Poland was supposed to be a tiger economy that would propell the EU, not drag it back!

So much for the Lisbon agenda!

02-02-2005, 03:23 AM	#2 (permalink)
mkpdavies Uber Member Join Date: Sep 2004 Location: Woking Posts: 31,158 Party: Libertarian Party	That pretty much explains why all the pizza boys are now Polish. You can't blame them when unemployment is that bad over there! I though Poland was supposed to be a tiger economy that would propell the EU, not drag it back! So much for the Lisbon agenda! __________________ http://brits4ronpaul.blogspot.com/ http://wokinglibertarians.blogspot.com/ http://lpuk.org My ignore list Labour, Blue Labour, Lib Dems

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