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Europe Unemployment

Avoiding a Lost Generation

Claire Courteille-Mulder | Posted 05.25.2014 | World
Claire Courteille-Mulder

One important step to be taken in order to bring down the high unemployment rate is to close the skills gap on youth labor markets. The skills mismatch has become a persistent and growing trend in Europe. Over-education and over‐skilling coexist with under-education and under‐skilling and increasingly with skills obsolescence brought about by long‐term unemployment. Evidence shows that there is a higher risk of mismatch for those at the bottom of the educational pyramid, which is reflected in relatively high unemployment rates for low‐skilled youth in comparison with high‐skilled youth.

Record High Eurozone Jobless Rate Won't Budge

AP | Posted 10.31.2013 | Business

BRUSSELS -- BRUSSELS (AP) — Official figures show the unemployment rate in the 17-nation eurozone remained unchanged in September at a record high o...

Greek Unemployment Hits Record High

AP | Posted 08.08.2013 | Business

ATHENS, Greece -- Unemployment in Greece rose to a new record high of 27.6 percent in May, leaving almost two thirds of young people without a job, th...

Eurozone Unemployment Drops For First Time In Two Years

AP | Posted 07.31.2013 | Business

BRUSSELS -- Further evidence emerged Wednesday that the eurozone economy is on the mend after struggling with a recession that's seen unemployment edg...

Europe's Dangerous Unemployment Cocktail: Why Europe's New Deal on Youth Employment Won't Work and How the Social Sector Can Help

Luka Orešković | Posted 08.25.2013 | Politics
Luka Orešković

The increasingly level of youth unemployment across countries in Europe is becoming very risky. The good news is that after summit after summit, Europe's political leaders have started to grasp the gravity of the situation and have come up with a noble plan.

EU: No End In Sight For Eurozone Recession

AP | RAF CASERT | Posted 07.03.2013 | Business

BRUSSELS — Europe will take longer to recover from its economic crisis as it tackles a worse-than-expected recession in the eurozone and unemplo...

RECORD JOBLESSNESS

Reuters | Ingrid Melander | Posted 04.25.2013 | Business

* More than 3.2 mln jobless, 11.5 pct y/y increase * Data deals further blow to unpopular government PARIS, April 25 (Reuters) - More people wer...

Eurozone Gets Some Good News

AP | By PAN PYLAS | Posted 04.03.2013 | Business

LONDON (AP) — Mention it quietly, but there were rare hopeful signs for Europe's struggling economy on Friday. Three pieces of econom...

NFTE in Europe - Fighting Dangerous Levels of Youth Unemployment With Entrepreneurship Education

Steve Mariotti | Posted 03.20.2013 | World
Steve Mariotti

Youth unemployment is one of the biggest problems in the world. Its impact is particularly evident in Europe. I believe youth entrepreneurship education can bring these horrible unemployment rates down.

Europe Sets Terrible Record

AP | RAF CASERT and DON MELVIN | Posted 03.10.2013 | Business

BRUSSELS -- Record unemployment and fraying social welfare systems in southern Europe risk creating a new divide in the continent, the EU warned Tuesd...

Europe's Universities Failing Youth

AP | GREG KELLER | Posted 01.07.2013 | World

PARIS -- Estelle Borrell knew she wanted to work in law since she was a teenager, when she interned at a court in Versailles, France. "The lawyers in ...

Eurozone Unemployment At Record High

AP | SARAH DiLORENZO | Posted 10.01.2012 | Business

BRUSSELS -- Unemployment across the 17 countries that use the euro remained at its record high rate of 11.4 percent in August renewing concerns that e...

Young Job Seekers Struggle Across Europe

AP | Paul Wiseman and David McHugh | Posted 07.09.2012 | Money

BRUSSELS — Irene Fernandez lost her job with Spain's postal service five months ago, a victim of government spending cuts. Since then, she's been ge...

Eurozone Unemployment Rises To Record High

Reuters | Posted 09.01.2012 | Business

* Unemployment rises to 11.1 pct in May * Debt crisis, austerity likely to drive rate higher By Robin Emmott ...

The Diminishing Returns of Europe's Bailouts

Richard Barrington | Posted 08.20.2012 | Business
Richard Barrington

By extending credit to Spain's banks, Europe helped stave off the immediate threat of a run on those institutions. However, with its 24 percent unemployment rate, Spain has problems that won't be solved by a quick extension of credit.

It's Not the Economy, Stupid... It's Employment

Sharan Burrow | Posted 07.16.2012 | World
Sharan Burrow

Anyone who has lived in an area with high unemployment knows how it erodes social bonds, lowers the resilience of the unemployed and their families, and damages the prospects of the next generation. No country can afford to lose a generation to unemployment.

Eurozone Unemployment Hits Record High

AP | PAN PYLAS | Posted 07.02.2012 | Business

LONDON — The 17 countries that use the euro are facing the highest unemployment rates in the history of the currency as recession once again spr...

Spanish Mortgage Defaulters Face Debt Nightmare

AP | DANIEL WOOLLS | Posted 09.09.2011 | Business

ALCALA DE HENARES, Spain -- Inma Rodriguez lost her job, and now that she's defaulted on her mortgage, she's about to lose her home. But the nightmare...

Spain Unemployment Rate Surges To Highest In Industrialized World

Yahoo! News | Katell Abiven | Posted 05.25.2011 | World

MADRID (AFP) - Spain announced Friday its jobless rate surged to a 13-year record above 20 percent at the end of 2010, the highest level in the indust...

Unrest Spreads Across Europe, Greece Riots Could Be Trigger

AP | PAUL HAVEN | Posted 05.25.2011 | World

MADRID, Spain — The unrest that has gripped Greece is spilling over into the rest of Europe, raising concerns the clashes could be a trigger for...