Top 10 Reasons of Highest Unemployment in Europe

Unemployment data updated by Euro-stat again pointing to Greece as the country with the worst figures from across the region, with an unemployment rate of 25.8% in November, ahead of Spain, which achieved moderate unemployment in January to 23.4% from 23.6% in December.

Thus, last January in Spain had 5.39 million unemployed, compared to 5.43 million from 5.84 million in December and January 2014.

In the whole European Union (EU) the unemployment rate in February stood at 9.8%, one tenth less than the previous month and eight tenths lower than in the same month of 2014 levels.

European statistics agency estimates that 23.815 million people were unemployed in January in the EU, of which 18.059 million were in the euro area, which was a monthly decline of 156,000 unemployed and 140,000 in all the EU.

Compared to January 2014, the number of unemployed fell by 1.82 million people and in the euro zone fell in 896,000.

Thus, Spain was responsible for 50% of the reduction in the number of unemployed in the whole euro area in the last twelve months and almost a quarter (24.8%) of the decline in the whole EU.

Among the Member States for which data were available, the lowest unemployment rates were recorded in Germany (4.7%), Austria (4.8%) and Luxembourg and Czech Republic (5.9% in both cases).

In contrast, higher unemployment levels were observed in Greece (25.8% in November 2014), Spain (23.4%), Croatia (16.2%), Cyprus (16.1%) and Portugal (13.3%).

Compared with January 2014, unemployment has fallen in 24 countries, remained stable in Belgium and raised in Cyprus, Finland and France.

The male unemployment rate in the euro area remained stable in January at 11.1%, while in the whole EU repeated at 9.7%. In the case of female unemployment, the data in the Eurozone fell two tenths to 11.4%, while in the case of the EU dropped one tenth to 9.9%.

For those under 25 years, the unemployment rate in the Eurozone fell in January to 22.9% from 23.1% in December, equivalent to a total of 3.281 million unemployed youth, while in the EU fell to 21.2% from 21.3%, affecting 4.889 million.

Meanwhile, Spain registered a 50.9% unemployment among young people in January, the highest in the EU, equivalent to 806,000 young unemployed, only 50.6% ahead of Greece in November.

The male unemployment rate in Spain was 22.6% in January, two tenths less than the previous month, while the female unemployment rate was 24.5% compared to 24.6% in. check here the list of Top 10 Reasons of Highest Unemployment in Europe.

Reasons behind Unemployment

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10. The biggest problem, not just social and human, but also economic, for Europe unemployment. This emphasizes the enormous problem of lack of demand, the major cause of the slow economic recovery.

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09. The state deficit reduction is being addressed by very substantial cuts in public spending, which are worsening further domestic demand, impoverishing.

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08. Spain, Greece, Portugal and Ireland have been ruled by fascists and / or fascist dictatorships (the first three) or authoritarian governments (Ireland), which explains the poverty of their states.

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07. This has created a need for the state to borrow, creating an alliance in each of these countries, the dominant social classes (that barely pay taxes) and banks (where these classes deposit their savings, grown as a result of the enormous decrease in taxes over the last fifteen years) who lend money to the state. This political alliance behind the economic and financial problems of these countries.

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06. If the Spanish state had the Swedish fiscal policy, the Spanish state would join more than 200,000 million euros, with which they could create five million jobs mentioned above, correcting the enormous social backwardness of Spain, plus eliminate unemployment.

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05. Spain has the resources for general such income. Spain’s GDP and 94% of average EU-15. His public social expenditure, funding the welfare state, however, is only 74% of average EU-15. If 94%, the welfare state would have 66,000 million euros.

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04. The continued emphasis on “pressure from financial markets” (the most widely used today in the media sentence) is hiding the real cause of the problem we face. Using such pressure as an excuse, are developing policies that rights have always desired, with the complicity of the Socialist government, which explains its collapse and political collapse. The policies pursued by the government are deeply wrong (as the case of Greece shows) and are damaging their electoral bases.

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03. It is amazing the deafening silence that has existed within the PSOE towards clearly neoliberal policies pursued by the Zapatero government. The lack of criticism of these policies within such a party is one of the major causes of their discredit, with great loss of militancy and mobilization capacity. In all countries (Britain, Germany, France and Italy, and now Spain), social democracy has plummeted as a result of the development of such policies.

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02. This match is offending and underestimating the intelligence of its former voters, believe that the solution to his low popularity is changing its leaders, without changing such policies.

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01. Indeed, it is difficult to find another situation where the political and media establishment has reached greater consensus. Hence precisely the need of 15-M movement and opportunity, it questions such consensus and shows the falsity of neoliberal dogma promoted by such establishments.

 

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