Impact of crisis on unemployment less severe in EU than in US
May 12th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
EU/US Unemployment: The unemployment rate in the EU27 has grown since the first quarter of 2008 as a result of the economic crisis. However, the increase has been smaller than in the US, where the rate has overtaken the EU27 despite having been much lower at the start of the crisis.