Unemployment peaks

UPDATED ON APR 04, 2012 09:37 PM IST 8 Photos
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A demonstrator holds a banner in front of a fire started by anti-establishment groups during a general strike in central Barcelona. Spanish workers staged a general strike to protest against labour reforms which the government declared "unstoppable" but many ignored the action, fearing for their jobs in a country with the EU's highest unemployment rate. The words on the banner read "Against the aggression of the rich and their political self-defense". REUTERS/Gustau Nacarino

A demonstrator holds a banner in front of a fire started by anti-establishment groups during a general strike in central Barcelona. Spanish workers staged a general strike to protest against labour reforms which the government declared "unstoppable" but many ignored the action, fearing for their jobs in a country with the EU's highest unemployment rate. The words on the banner read "Against the aggression of the rich and their political self-defense". REUTERS/Gustau Nacarino

UPDATED ON APR 04, 2012 09:37 PM IST
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Job offers are seen in this illustration in Milan. Italy's headline jobless rate has been running below the euro zone average, but analysts say the real challenge for Italy is to increase its chronically low rates of employment and participation in the labour market, which are among the lowest in the industrialized world, especially among women, the young and the elderly. REUTERS/Alessandro Garofalo

Job offers are seen in this illustration in Milan. Italy's headline jobless rate has been running below the euro zone average, but analysts say the real challenge for Italy is to increase its chronically low rates of employment and participation in the labour market, which are among the lowest in the industrialized world, especially among women, the young and the elderly. REUTERS/Alessandro Garofalo

UPDATED ON APR 04, 2012 09:37 PM IST
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People check job offers outside a recruitment agency in downtown Milan. Italy's headline jobless rate has been running below the euro zone average, but analysts say the real challenge for Italy is to increase its chronically low rates of employment and participation in the labour market, which are among the lowest in the industrialized world, especially among women, the young and the elderly. REUTERS/Alessandro Garofalo

People check job offers outside a recruitment agency in downtown Milan. Italy's headline jobless rate has been running below the euro zone average, but analysts say the real challenge for Italy is to increase its chronically low rates of employment and participation in the labour market, which are among the lowest in the industrialized world, especially among women, the young and the elderly. REUTERS/Alessandro Garofalo

UPDATED ON APR 04, 2012 09:37 PM IST
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Shipyard workers take part in a protest against high unemployment rate in their sector, in Athens. Greece's jobless rate rose to 20.7 % in the fourth quarter of 2011 from 17.7 % in the previous three-month period as economic activity slumped, the country's statistics service said. REUTERS/John Kolesidis

Shipyard workers take part in a protest against high unemployment rate in their sector, in Athens. Greece's jobless rate rose to 20.7 % in the fourth quarter of 2011 from 17.7 % in the previous three-month period as economic activity slumped, the country's statistics service said. REUTERS/John Kolesidis

UPDATED ON APR 04, 2012 09:37 PM IST
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Demonstrators walk under a banner during a protest against cuts in Bilbao. Thousands marched through central Bilbao in protest against unemployment, recent labour reforms and cuts in public and social services. The banner reads "Against Unemployment. Workers Fight". REUTERS/Vincent West

Demonstrators walk under a banner during a protest against cuts in Bilbao. Thousands marched through central Bilbao in protest against unemployment, recent labour reforms and cuts in public and social services. The banner reads "Against Unemployment. Workers Fight". REUTERS/Vincent West

UPDATED ON APR 04, 2012 09:37 PM IST
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A woman walks past a graffiti reading "Minimum Wage = 475 euro" in Lisbon. A deepening economic slump propelled Portugal's jobless rate to a record 14 % at the end of 2011, as employers slashed jobs ahead of labour reforms and deeper spending cuts under the country's aid programme. The jump pushed the fourth quarter unemployment rate above the 13.7 % level envisaged for this year under the 78-billion-euro bailout, raising further challenges for the government in its quest to cut spending and raise taxes to meet strict fiscal goals. In the third quarter the rate stood at 12.4 %, the National Statistics Institute said. REUTERS/Rafael Marchante

A woman walks past a graffiti reading "Minimum Wage = 475 euro" in Lisbon. A deepening economic slump propelled Portugal's jobless rate to a record 14 % at the end of 2011, as employers slashed jobs ahead of labour reforms and deeper spending cuts under the country's aid programme. The jump pushed the fourth quarter unemployment rate above the 13.7 % level envisaged for this year under the 78-billion-euro bailout, raising further challenges for the government in its quest to cut spending and raise taxes to meet strict fiscal goals. In the third quarter the rate stood at 12.4 %, the National Statistics Institute said. REUTERS/Rafael Marchante

UPDATED ON APR 04, 2012 09:37 PM IST
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Irena, a 50 years old Polish homeless worker, smokes a cigarette on a bench at a park, where she lives, in central Athens. Irena's husband had died on Christmas day next to her in the same park. Greece's jobless rate hit a record high of 18.4 % in August, with the number of unemployment rising to 907,953, about 48% up from 2010. Estimates by NGO Klimaka and the Red Cross put the number of homeless people in Greece at around 20,000 of these. According to the European Federation of National Organizations working with the Homeless (FEANTSA), there has been a dramatic rise in homelessness in Greece; the vast majority of them are foreign immigrants. REUTERS/Yannis Behrakis

Irena, a 50 years old Polish homeless worker, smokes a cigarette on a bench at a park, where she lives, in central Athens. Irena's husband had died on Christmas day next to her in the same park. Greece's jobless rate hit a record high of 18.4 % in August, with the number of unemployment rising to 907,953, about 48% up from 2010. Estimates by NGO Klimaka and the Red Cross put the number of homeless people in Greece at around 20,000 of these. According to the European Federation of National Organizations working with the Homeless (FEANTSA), there has been a dramatic rise in homelessness in Greece; the vast majority of them are foreign immigrants. REUTERS/Yannis Behrakis

UPDATED ON APR 04, 2012 09:37 PM IST
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People wait for the opening of a government employment office in Madrid. The number of people registered as jobless in Spain rose by 1,897, or 0.04 %, in December compared with the month before, sending the number of unemployed to 4.42m, the Labour Ministry said. REUTERS/Andrea Comas

People wait for the opening of a government employment office in Madrid. The number of people registered as jobless in Spain rose by 1,897, or 0.04 %, in December compared with the month before, sending the number of unemployed to 4.42m, the Labour Ministry said. REUTERS/Andrea Comas

UPDATED ON APR 04, 2012 09:37 PM IST
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