The issue of the eurozone unemployment has reached an alarming point, the director of the London-based Bruges Group tellsPress TV. Unemployment is alarmingly high within the eurozone. It will signal that the economic problems will continue, Robert Oulds said in a Press TV interview on Wednesday. The analyst went on to say that the economic catastrophe ...

PARIS: Theunemploymentrate in the hard-hiteurozoneis expected to reach a record 12.3 percent at the end of 2014, theOECDforecast on Tuesday, with young people the hardest hit. In its annual Employment Outlook, the Organisation for Economic Cooperation and Development -- which counts 34 advanced and emerging countries as members -- also revealed big ...

Eurozone jobless rate has edged up to its highest point in nearly 20 years, marking a higher level of unemployment than the OECD average. The unemployment rate for the 17 countries that use the euro hit about 19.22 million people or 12.2 percent in May, the Organization for Economic Cooperation and Development (OECD) said on Tuesday. The data marks ...