In the News

Europe / Recession / Turning off the heat and skipping meat at Christmas

The euro zone debt crisis has put a damper on this festive time of year in southern Europe. In Greece, families say they’re turning off the heat and skipping meat at Christmas dinner. Lisboners will be cutting back on gifts (one cleaning lady told Reuters she will only give “bare necessities”). And Italian civil servant Nadia di Santo, 38, told the outlet:

“I am buying no gifts this year. None, except for the children. Last year I bought presents for everyone, friends and family … I have put up the tree, although I am using the same decorations as last year. I will sort something out for Christmas dinner.”

Shop owners haven’t been spared. Many report a steep drop in sales, along with unusually quiet storefronts. “We were selling three times as much this time last year,” butcher Jesus Cerelo told Reuters.

Things are worst in Greece. According to one resident:

“Family is very important to us Greeks so the worst thing is when you are not able to provide for them,” said 70-year-old pensioner Nikos Tsakos. Two of his three children, in their 30s and 40s, are out of work and he has two small granddaughters.

“Sometimes my wife and I cry when we realise we will not be able to buy the girls toys this year … we cut back on everything.

Choosen excerpts by Job Market Monitor from

FireShot Screen Capture #098 - 'A Bleak Christmas in Recession-Ravaged Europe - Jobs & Economy - The Atlantic Cities' - www_theatlanticcities_com_jobs-and-economy_2012_12_bleak-christmas-recession-ravaged-europe_4210

via A Bleak Christmas in Recession-Ravaged Europe – Jobs & Economy – The Atlantic Cities.

Related Posts

Global Job Gap / At least until 2017 to recoup the lost in the US and Europe says UN

POSTED BY  ⋅ DECEMBER 18, 2012 ⋅ 1 COMMENT

World economic growth has weakened substantially this year and faces the confluence of a triple threat — the fiscal cliff in the United States, a worsening European debt crisis and a sharp slowdown in China, the United Nations said in a year-end report released on Tuesday. The worst case, the report said, could be a … Continue reading »

Europe / NEET / 7.5 million young people aged 15–24 and an additional 6.5 million young people aged 25–29 were excluded from the labour market and education in Europe

POSTED BY  ⋅ DECEMBER 9, 2012 ⋅ 1 COMMENT

“The immediate future of Europe depends upon the 94 million Europeans aged between 15 and 29″ writes the European Foundation for the Improvement of Living and Working Conditions in NEETs Young people not in employment, education or training: Characteristics, costs and policy responses in Europe. (Adapted choosen excerpts by Job Market Monitor to follow). Apart from the challenges that young people … Continue reading »

Europe / Unemployment ‘unacceptably high’ says Jonathan Todd, spokesman for the European Commission

POSTED BY  ⋅ DECEMBER 1, 2012 ⋅ LEAVE A COMMENT

Two nations at the forefront of the European economic crisis, Spain and Greece, have the region’s highest unemployment with more than one in four people out of work. The statistics are even grimmer fro those younger than 25 years of age in both countries, with joblessness as high as 60 percent. Overall, more than 10 … Continue reading »

Europe / Unemployment continues to rise, reaching 11.7%, and 55,9% of youth in Spain

POSTED BY  ⋅ NOVEMBER 30, 2012 ⋅ 2 COMMENTS

The euro area (EA17) seasonally-adjusted unemployment rate was 11.7% in October 2012, up from 11.6% in September. The EU27 unemployment rate was 10.7% in October 2012, up from 10.6% in September. In both zones, rates have risen markedly compared with October 2011, when they were 10.4% and 9.9% respectively. Eurostat estimates that 25.913 million men and women in the … Continue reading »

Europe is still not sufficiently skilled writes the European Commission in Pathways towards full employment

POSTED BY  ⋅ NOVEMBER 28, 2012 ⋅ 1 COMMENT

“The economic crisis is fuelling a stream of bad news about jobs in Europe.” writes Robert-Jan Smits, Director-General for Research and Innovation, European Commission in the foreword of New skills and jobs in Europe: Pathways towards full employment (Adapted choosen excerpts by Job Market Monitor to follow) People around us are losing their jobs and … Continue reading »

Germany / Crisis Leads Skilled Workers from Southern Europe

POSTED BY  ⋅ NOVEMBER 16, 2012 ⋅ LEAVE A COMMENT

Economic crisis and mass unemployment in Southern Europe have triggered an exodus of highly qualified jobseekers, many of whom are making their way north to Germany. There, a relatively strong economy and growing shortage of skilled workers makes companies eager to ensure that the newcomers feel welcome. Ziehl-Abegg, a mid-sized specialist in ventilation technology based … Continue reading »

EU | Invest for a job-rich recovery in Europe says László Andor European Commissioner responsible for Employment

POSTED BY  ⋅ NOVEMBER 9, 2012 ⋅ 2 COMMENTS

The macro-economic situation in Europe continues to be extremely challenging. A number of Member States are in a double-dip recession and labour markets are in a crisis not seen in the EU for at least two decades. What is more, the outlook is not getting better. The European Commission’s Autumn forecast, presented on Wednesday, projects … Continue reading »

 

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)

The Most Popular Job Search Tools

Even More Objectives Statements to customize

Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office

Follow Job Market Monitor on WordPress.com

Enter your email address to follow this blog and receive notifications of new posts by email.

Follow Job Market Monitor via Twitter

Categories

Archives

%d bloggers like this: