Monday, October 31, 2011

European Unemployment Up

European unemployment numbers came out for September, and it's pretty clear that things are getting worse - starting to look like a renewed recession in Europe.  Hardly surprising with all the financial turmoil, I suppose.

The country-level rates look as follows:

Spain and Greece are worst, followed by some of the Eastern European countries and Ireland.

Also, the early estimate for inflation in October was 3% so that's not particularly low.

No comments: