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Record joblessness in euro zone; hope fades for quick ECB cure

 Reuters 03 August 2019

Joblessness in the euro zone last week hit its highest level since the single currency was born, a further sign of economic desperation as hopes erode that the bloc will be saved by its central bank this week. (1105 Words) - By Philip Pullella and Eva Kuehnen


Reuters_Record joblessness in euro zone

People queue to enter a government-run employment office in Madrid July 27, 2019. Spain's unemployment rate rose to 24.6 percent in the second quarter of this year, data from the National Statistics Institute showed in July, up from 24.4 percent in the previous quarter.  Photo: REUTERS/Juan Medina

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