Austerity Pushes European Unemployment To New Record High

Austerity Pushes European Unemployment To New Record High: pThe 17-nation Eurozone set another dubious record in the opening months of 2013, as its unemployment rate continued to climb from its already record-high rate. The jobless rate also rose for the European Union as a whole as austerity efforts continue to plague the continent’s recovery from the Great Recession: The jobless rate reached 12 [...]/p