FRANKFURT (MarketWatch)
The seasonally-adjusted unemployment rate across the
17 nations that use the euro rose to 10.9% in March from 10.8% in February, the
European Union statistics agency Eurostat reported Wednesday
The number of
unemployed workers across the region rose by 169,000 to a total of 17.365
million, Eurostat said
Both figures are the highest seen since the launch of
the euro in January 1999, said Howard Archer, chief European economist at IHS
Global Insight in London
"It now looks odds-on that the euro-zone unemployment
rate will move appreciably above 11% over the coming months with an ever growing
danger that it will reach 11.5%," Archer said, in a note
Welcome
Billie, with academic training in Fundamental Mathematics and professional experience in Large Multinationals in the Information Technology sector, having held positions in high-level management positions, maintains that it is time to reduce Unproductive Public Expenditure and help the Private Sector in everything that is possible.
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