Arab Today, arab today eu official calls for more \job effort\ as jobless rates remain record high
Last Updated : GMT 14:41:13
Arab Today, arab today
Arab Today, arab today

EU official calls for more \'job effort\' as jobless rates remain record high

Arab Today, arab today

Arab Today, arab today EU official calls for more \'job effort\' as jobless rates remain record high

Brussels - XINHUA

While hailing the stabilizing jobless rates in European Union and eurozone, a senior EU official called upon member states to step up \"job effort\" and take further decisive measures. JOBLESS RATES STABLIZING Unemployment rate of the euro area stood at 12.1 percent in July, the same as last month and also the highest level since such statistics started to publicize in 1995, EU statistics office said Friday. In the wider 28-member EU, the overall unemployment rate in July was 11 percent, the same as the previous month, Eurostat figures showed. Economic growth turned positive in the second quarter and \"latest unemployment figures confirm that joblessness has stopped rising in many countries, even in Spain, Portugal and Ireland,\" EU Employment Commissioner Laszlo Andor said. \"After six quarters of recession and ten quarters of rising unemployment, this leveling off in unemployment is relatively good news,\" he added in a written statement after the release of the data. In both zones, jobless rates have risen markedly compared with July 2012, when they were 11.5 percent in the eurozone and 10.5 percent in the EU respectively. Among the member states, the lowest unemployment rates were recorded in Austria at 4.6 percent, Germany at 5.4 percent, and Luxembourg at 5.7 percent, according to Eurostat statistics. The highest jobless rates were registered in Greece at 27.6 percent and Spain at 26.3 percent, said Eurostat. The data showed that unemployment rates in some debt-ridden countries, such as Ireland, Italy and Portugal, had even slightly decreased. \"It is encouraging that many countries have managed to slightly reduce seasonally-adjusted unemployment without a time lag after economic growth picked up or even while still in recession,\" Andor said. \"The slight decline in unemployment in these countries shows the importance of active employment policy measures like hiring subsidies, reduced taxes on low-paid labor, re-skilling and good-quality job placement services,\" he added. CHALLENGES STILL DAUNTING The Commissioner, in the meantime, lamented the large number of jobless people in the two regions. \"Clearly it is unacceptable that more than 26.6 million jobseekers are still without a job in the EU (19.2 million in the eurozone), of which more than 5.5 million are aged under 25 (3.5 million in the eurozone),\" Andor said. He described the recent improvements in job figures as \"minimal\" and the employment situation \"still very fragile.\" \"This is no time for celebration or complacency. On the contrary, now that we can see we are on the right employment policy track we must step up our \'jobs effort\',\" he added. In particular, youth unemployment remains a challenging problem for the EU. In July, 5.56 million young persons under the age of 25 were unemployed in the EU, of whom 3.5 million were in the euro area. In July, the youth unemployment rate was 23.4 percent in the EU and 24 percent in the euro area, higher than 22.9 percent and 23.3 percent respectively in July 2012, with the highest being recorded in Greece at 62.9 percent and Spain at 56.1 percent, the Eurostat figures showed. The Commissioner urged EU member states to take \"further decisive steps\" to lift the economy out of mire, including \"rapidly implementing the banking union, strengthening the social dimension of the economic and monetary union, and making greater progress towards political and fiscal union.\" He also urged member states to step up \"investment in skills\" to give everyone the chance to earn a decent living through their work. Member states governments must \"proceed full-steam ahead to put in place Youth Guarantee schemes, notably with the help of the European Social Fund, topped up by the Youth Employment Initiative, to ensure that everyone under 25 gets a good offer of work, training or education within four months of leaving school or losing their job.\" \"We must reach those hardest-to-help. This is important not only for social cohesion, business confidence and political stability in the short run, but also for the long-term growth potential of the EU economy,\" he added. E

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today eu official calls for more \job effort\ as jobless rates remain record high Arab Today, arab today eu official calls for more \job effort\ as jobless rates remain record high

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today eu official calls for more \job effort\ as jobless rates remain record high Arab Today, arab today eu official calls for more \job effort\ as jobless rates remain record high

 



Arab Today, arab today
Arab Today, arab today Designer Aql Faqih aspires to innovation

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation
Arab Today, arab today What's the reason and what you can do

GMT 05:44 2017 Sunday ,22 October

What's the reason and what you can do
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Prayers turn to nightmare

GMT 06:14 2017 Sunday ,22 October

Prayers turn to nightmare
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today World's deepest lake in peril

GMT 15:54 2017 Friday ,20 October

World's deepest lake in peril
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Delhi braces for pollution 'airpocalypse'

GMT 16:07 2017 Friday ,20 October

Delhi braces for pollution 'airpocalypse'
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today EU raids automaker BMW

GMT 11:06 2017 Saturday ,21 October

EU raids automaker BMW
Arab Today, arab today Sweden to get biggest car factory

GMT 14:10 2017 Friday ,20 October

Sweden to get biggest car factory
Arab Today, arab today Actress Mona Zaki praises husband’s role

GMT 08:15 2017 Thursday ,19 October

Actress Mona Zaki praises husband’s role
Arab Today, arab today Massacre fears spark race

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race

GMT 08:57 2017 Wednesday ,18 October

Actress Shery Adel happy for Egypt’s qualification

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 10:18 2017 Saturday ,21 October

How to do open-heart surgery

GMT 13:44 2017 Friday ,20 October

Barcelona through George Orwell’s eyes

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 20:46 2017 Thursday ,19 October

Qualcomm files lawsuits in China to ban iPhones

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday