http://www.euronews.com/
Unemployment in the eurozone has hit a near-15 year high. Some 17
million Europeans are now jobless, and forecasts are for the jobcentre
queues to get even longer throughout the year.
Government's
austerity policies are increasingly being questioned on the markets as
investors see consumption falling and few signs of any growth areas.
At
10.8% the offical jobless rate hides black spots of over 20% like Spain
and other nations, like Austria, where full employment, not
unemployment, is the norm. In contrast the USA has been creating jobs
since late last year.
A summer of discontent is also being
forecast, indeed is promised by the likes of the Occupy and Indignes
movements, who last year scored unexpected successes with their
protests.
"We, particularly the young people, are here because
we have a bleak future and won't have a stable job when we finish
studying. It's very sad and that's why we are on the streets," said one
young Spaniard in the streets of Madrid.
With no work to do young
people are turning out to be quite adept at protest, 21st century
style, using social networks and mobile phones to mobilise. Their
current plight means many feel there is little else they can do.
