Unemployment

Unemployment concerns remain high. In Spain for example there are areas where the rate of unemployment, like in some parts of Andalusia, is 40%.
In the U.K June's labour market figures, show that overall unemployment increased by 23,000 between January and April, suggesting that the jobs outlook was still bleak. Ahead of the latest official figures being released, dole claimants outnumbered job vacancies by five to one, with London, the North East and Scotland the worst hit.