European unemployment rate hit a record high of 12.0% in February. Europe has been steady on its new record high for months. So no signs of recovery are yet to be seen, so there is little being done so far. 
In Europe19 million people are out of work and the young pop. is a large precentage of this.

Meanwhile in the USA's unemployment rate went down to 7.7 percent in February. It hasnt steadily moved up or down from then. unemployed people was at 12.0 million and lowered in february.

The unemployed rate is unpredictable but, it seems to be getting better in America, and much worse in Europe. The Banks closing in Europe are a big example of whats happening in Europe right now.



Leave a Reply.