Video News Release

The Job Crisis in the Eurozone

Austerity policies designed to cut debt in the Eurozone are resulting in a steady rise in unemployment, prolonging and deepening the crisis in the single currency area, according to a report from the ILO, "Eurozone job crisis: trends and policies responses". Unemployment in the Eurozone could reach almost 22 million over the next four years, unless appropriate measures are taken to boost growth and promote job creation.

11 July 2012