Percentage

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Egypt unemployment climbs to 12.4 pct Q4/2011 – Economy – Business – Ahram Online

Egypt’s unemployment rate rose by 0.5 per cent to 12.4 per cent in the fourth quarter of 2011, according to an International Labour Organisation [ILO] report. Unemployment was 11.9 per cent in the third quarter of 2011. Urban governorates saw joblessness at 19 per cent and rural governorates 8 per cent. Read More @  Egypt … Continue reading

Egypt’s unemployment rate rises to 12.4% | Egypt Independent

Egypt’s fourth quarter unemployment rate rose by two percentage points from the previous quarter, the government’s statistics office said on its website on Saturday. Unemployment, one of the key triggers of the mass demonstrations that toppled Hosni Mubarak, rose to 12.4 percent in the fourth quarter of 2011, compared to 8.9 percent in the fourth quarter … Continue reading

2012 will be ‘year of recession:’ Italy’s bank chief | CTV News

Italy’s central bank chief on Saturday predicted that the eurozone’s third-largest economy will see a return to growth next year, but he confirmed forecasts that 2012 will be a “year of recession.” Bank of Italy Governor Ignazio Visco also described Italian banks as being sound in terms of having adequate capital, but cautioned that the … Continue reading

Czech economy slips into recession | Firstpost

The Czech Republic’s Statistics Office says the country’s economy shrank by a 0.3 percent in the final three months of 2011 to slip into recession after a brief recovery. The economy contracted for the second consecutive quarter after it was down by 0.1 percent in the third quarter — the technical definition of a recession. … Continue reading

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