Unemployment is expected to climb to 12.2 percent in 2013, up from 11.4 percent last year. An “increasing labor-market mismatch” will keep the jobless rate high in the medium term and bodes poorly for those who have been out of work for extended periods, according to the EU report.Spain ~ 27%, Greece ~ 25%, Italy ~ 11.5%, while under-25 rate is way
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Comments 1
our official numbers lie. in my industry alone AIA published survey showing decrease of unemployment from 27% in 2010 to ~23% in 2012.
one thing is true, though: for those of us already unemployed it is more difficult to find a job.
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