Wednesday, May 22, 2013

"It's going to get a lot worse."

Sox First looks at Europe's lost generation. An excerpt:

As detailed here, French youth unemployment has risen for 13 months in a row to a record 26.5 per cent; Spain (at 57.2 per cent of under-25s unemployed) is catching up fast to Greece's stunning 59.1 per cet; but perhaps the most concerning for the broader economies is the fact that Italy's youth unemployment has now topped that of Portugal at 38.4 per cent.

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