All-Time High Unemployment: Depression In Europe Getting Deeper

“This week we learned that eurozone unemployment came in at an all-time high of 12.2 percent for September.  Back in January 2012, it was sitting at just 10.4 percent.  The funny thing is that the mainstream media will barely call what is going on in Europe a ‘recession’ even though the unemployment rates in both Spain and Greece are now much higher than anything that the United States ever experienced during the ‘Great Depression’ of the 1930s.  A 25-year-old Spanish man with three college degrees that moved to London in a desperate search for a job is now cleaning up poop for a living.  The economic collapse of Europe continues to march on, and there is no end in sight.”

http://theeconomiccollapseblog.com/archives/all-time-high-unemployment-the-economic-depression-in-europe-just-keeps-getting-deeper

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