Close to 45% of European unemployment spells last more than a year compared with only about 10% in the US
Nov 24th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The European Commission said in a report published on Monday, that around 22% of European workers change jobs annually, while close to 45% of all unemployment spells lasted longer than a year in the EU, compared with only about 10% in the US.