| Author (Corporate) | European Commission: DG Communication |
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| Series Title | Press Release |
| Series Details | IP/10/1600 (25.11.10) |
| Publication Date | 25/11/2010 |
| Content Type | News |
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The new Employment in Europe 2010 report presented on 25 November 2010 underlines how young people have borne the brunt of the crisis, with unemployment disproportionately hitting 15-24 year olds and reaching over 30% in some countries. Although there are consistent signs of the EU labour market stabilising, with indications of the beginnings of an upturn in some Member States, the crisis has had a profound effect on employment and the overall recovery of the EU economy remains fragile. The rise in unemployment combined with limited opportunities to re-enter work has aggravated the risk of a surge in long-term unemployment or people leaving the labour market altogether. The report stresses that it might be some time before we see a clear upswing for jobs. |
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| Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/10/1600&format=HTML&aged=0&language=EN&guiLanguage=en |
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| Subject Categories | Employment and Social Affairs |
| Countries / Regions | Europe |