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Thread: Eurozone hit harder by economic crisis than US

  1. #1
    Gibdo
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    Eurozone hit harder by economic crisis than US

    http://news.bbc.co.uk/2/hi/business/7914460.stm
    Unemployment across the nations that share the euro has risen again to its highest level in more than two years, as more firms laid off staff.

    The eurozone unemployment rate totalled 8.2% in January, according to the latest official European Union data.
    Interesting stuff. Looks like the unemployment rate in Europe is about 8.2%, while in the US it's only 7.6%. Not bad, considering that during the height of the Great Depression the US hit 21.7%.
    "In a democracy, majority rules. The majority of people are stupid. You do the math."

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    Lynel Pryme8's Avatar
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    Re: Eurozone hit harder by economic crisis than US

    nobody cares about Europe...


    whats unemployment rate in China?

    that is a must know... soon they will take over the world
    If you are caught by the gorillas, you must remember one thing.
    What's that?
    Never to speak!
    What the hell would I have to say to a gorilla?

  3. #3
    Patra Cloral's Avatar
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    Re: Eurozone hit harder by economic crisis than US

    This doesn't really surprise me. Europe doesn't have nearly as many natural resources as the US does for the population. People in the midwest are still farming, and making a pretty decent profit at it.

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