EU unemployment and social problems will take years to fix
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Aptrgangr
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EU unemployment and social problems will take years to fix
EU unemployment and social problems will take years to fix

By Honor Mahony
BRUSSELS, Today, 17:25

The EU economy might be showing small signs of recovery but it is going to take years to bring employment and social standards back to pre-crisis levels, a new report says.

The report on employment and social developments in Europe, published Thursday (15 January), notes that over 9 million more are unemployed compared with 2008.

Meanwhile, much of the recent employment growth is down to more precarious temporary contracts - often not offering a living wage - while longterm unemployment continues to rise.

"The report shows a limited and fragile economic recovery for the European Union. Unemployment decreased in 2014 but is still high at 10 percent," said social affairs commissioner Marianne Thyssens.

"There is new job creation but it is too slow," said the commissioner with the job rate at 68.3 percent, far off the 75 percent rate the EU is aiming for by 2020.

The report holds up the US where GDP is 8 percent higher than it was in 2007, noting that euro area GDP is still below what it was seven years ago. (...)

https://euobserver.com/social/127221

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2015 Jan 15 19:57
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RE: EU unemployment and social problems will take years to fix
(2015 Jan 15 19:57)Aptrgangr Wrote:  The report on employment and social developments in Europe, published Thursday (15 January), notes that over 9 million more are unemployed compared with 2008.

Maybe it's time to stop bringing in more immigrants then...Rolleyes
2015 Jan 15 23:15
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RE: EU unemployment and social problems will take years to fix
But they have more experience in being unemployed than European neo-unemployeds!


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2015 Jan 16 15:35
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RE: EU unemployment and social problems will take years to fix
(2015 Jan 15 23:15)Kristel Wrote:  Maybe it's time to stop bringing in more immigrants then...Rolleyes

But how could we survive without diversity? sad

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2015 Jan 16 15:40
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