Joblesness in Eurozone hits the record in May

Note: This section contains information in English only.
Source: BBC
In May, unemployment  in Eurozone jumped to the record high level of 11.1 %. The total number of unemployed approached 17.56 million. Taken that  the Manufacturing Purchasing Managers' Index currently is below 50 at 45.1, indicating rapid fall in manufacturing activity. Companies are cutting labor expenses due to the ongoing debt crisis, provoking a 14-month long increase in unemployment.
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Tue, 03 Jul 2012 10:05:35 GMT

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