European record unemployment, 11.9 percent in 17 nation euro zone, Spain 26.2 percent, January 2013, Euro zone forecast to shrink 0.3 percent

European record unemployment, 11.9 percent in 17 nation euro zone, Spain 26.2 percent, January 2013, Euro zone forecast to shrink 0.3 percent

“What do you think a stimulus is? It’s spending – that’s the whole point! Seriously.”…Barack Obama

“We can’t drive our SUVs and eat as much as we want and keep our homes on 72 degrees at all times … and then just expect that other countries are going to say OK,”…Barack Obama May 2008

 “…and Socialist governments traditionally do make a financial mess. They [socialists] always run out of other people’s money. It’s quite a characteristic of them.”…Margaret Thatcher

 

From the NY Times March 1, 2013.

“Euro Zone Unemployment Rises to Record”

“The unemployment rate in the euro zone edged up in January to a new record, official data showed Friday, as the ailing European economy continued to weigh on the job market.

That, and new data showing a decline in inflation in the euro zone, could prompt the European Central Bank to take steps to stimulate the economy when its Governing Council meets this week, analysts said.

Unemployment in the 17-nation euro zone climbed to 11.9 percent in January from 11.8 percent the previous month, according to Eurostat, the statistical office of the European Union.

For the 27 nations of the Union, the jobless rate in January stood at 10.8 percent, up from 10.7 percent in December. All of the figures were seasonally adjusted.

A separate Eurostat report showed price pressures easing in February. In the euro zone, the annual inflation rate came in at 1.8 percent, down from 2 percent in January and below the European Central Bank’s 2 percent target.

The jobless data “suggest that wage growth is set to weaken from already low rates” and further depress consumer spending, which has already been damped by government austerity measures, Jennifer McKeown, an economist at Capital Economics in London, wrote in a research note.”

“In absolute terms, Eurostat estimated Friday that 19 million people in the euro zone and more than 26 million people in the overall Union were unemployed.

Spain’s unemployment rate in January was 26.2 percent, and Portugal’s was 17.6 percent. Austria, at just 4.9 percent, had the lowest rate, followed by Germany and Luxembourg, both of which had 5.3 percent unemployed.

Greece’s unemployment rate in November, the latest month for which Eurostat has figures for the country, was 27 percent.

France, with the second-largest euro zone economy, after Germany’s, had a 10.6 percent jobless rate in January. In Britain, not a euro member, the jobless rate stood at 7.7 percent.”

Read more:

http://www.nytimes.com/2013/03/02/business/global/euro-zone-unemployment-rose-to-new-record-in-february-as-inflation-eased.html?_r=0

Do not be fooled by the Obama controlled media reports. With the millions of people dropping out of the US labor force, unemployment here is much closer to that of the Euro zone.

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24 responses to “European record unemployment, 11.9 percent in 17 nation euro zone, Spain 26.2 percent, January 2013, Euro zone forecast to shrink 0.3 percent

  1. citizenwells

    “Obama’s Europe fixation

    President Barack Obama’s future could hinge on the health of the European economy — and that explains his near-obsession with it.
    Friends and current and former aides agree: Obama talks about Europe. A lot.

    He meets constantly with economic aides. He regularly quizzes Treasury Secretary Timothy Geithner about progress battling the crisis. He dials up European leaders. He sounds out Wall Street executives. He attends many wonky meetings and often makes them wonkier.
    Obama took time before a recent trip to Ohio focusing on his Rust Belt economic record to call French President Francois Hollande for what the White House described as a “detailed discussion” on the European economy. During that call, Obama heaped praise on the European Central Bank’s pledge to “do what is necessary” to save the euro. Anything that sounds like the Big Answer for Europe is sweet music for this president.
    He called Spanish Prime Minister Mariano Rajoy this month to talk things over. If Spain does not formally request a bailout from European central bankers — something it really does not want to do — it could spiral into default and take the global economy and Obama’s reelection prospects along with it.
    The Spanish government has said it soon would request aid for its struggling banks, a development sure to please the West Wing.”

    http://www.politico.com/news/stories/0812/79846.html#ixzz2MO2QsqRH

  2. Jack Cashill:

    “Ohio thwarts Obama SSN challenge”

    “If the major media employed just a few people as relentless and resourceful as Ohio-based private investigator Susan Daniels, Barack Obama would not have been elected to a second term. Hell, he would not have been elected to a first term.

    Daniels had filed suit challenging Ohio Secretary of State John Husted to determine if Obama has been using a legitimate Social Security Number. Daniels contended that without such confirmation Obama was not eligible to appear on the Ohio presidential ballot in 2012.

    A state-licensed private investigator since 1995, Daniels had discovered in 2009 that Obama has been using a “fraudulent Connecticut Social Security Number” and that he had been doing so since he was 25. Daniels said as much in her suit.”

    http://www.wnd.com/2013/02/ohio-thwarts-obama-ssn-challenge/

  3. About those coming “furloughs”:

  4. Have a nice day…..Go out and buy a shotgun for your wife

  5. Or you could buy her a Clint Eastwood 357 magnium……

  6. If you haven’t read this NYTimes article, you should. If the enemies of the American people ever succeed in disarming us, this could be our fate. Satan will see to it, because he is the great destroyer, and he wants to destroy America.

    The Holocaust Just Got More Shocking

    Quote:
    THIRTEEN years ago, researchers at the United States Holocaust Memorial Museum began the grim task of documenting all the ghettos, slave labor sites, concentration camps and killing factories that the Nazis set up throughout Europe.
    (snip)
    As early as 1933, at the start of Hitler’s reign, the Third Reich established about 110 camps specifically designed to imprison some 10,000 political opponents and others, the researchers found…
    (snip)
    When the research began in 2000, Dr. Megargee said he expected to find perhaps 7,000 Nazi camps and ghettos, based on postwar estimates. But the numbers kept climbing — first to 11,500, then 20,000, then 30,000, and now 42,500.

    Read more:
    http://www.nytimes.com/2013/03/03/sunday-review/the-holocaust-just-got-more-shocking.html?_r=1&adxnnl=1&adxnnlx=1362236748-5jy69MPKaw0svfJWxthXZQ&

  7. Air Force Brat!

    RNinNC — thankfully, and in contrast to the video’s depiction, most women are not pathetic idiots when using a firearm. Somewhat amusing was the fact that several of the participants toward the end appear to be MEN — particularly the fat one at the outdoor table. (Or, maybe Rosie O’Donnell suddenly grew a full beard.)

  8. Beckwith at ” The Obama File”:

    http://theobamafile.websitetoolbox.com/post/show_single_post?pid=1277102617&postcount=12

    “The American justice system is broken”

    “On Thursday, June 12, 20008, at 8:44 AM, Team Obama released Barack Obama’s “Certification of Live Birth,” on the Daily Kos website under the headline, “Obama’s birth certificate.”

    Less than 24 hours later, at 8:05 AM on Friday, June 13, 2008, Daily Kos member AsperGirl submitted a comment that began:

    “Sorry to disabuse you folks, but this birth certificate on dailykos is an obvious fake.”

    Two hours later, and after three additional Obot comments, the Daily Kos thread was locked.

    On July 22, 2008, Team Obama released the infamous “birth announcements” to document their claim that Obama was born in Hawaii.

    But of all of the bogus bona fides, the birth announcements are the easiest to discredit:

    [go to link]

    There are reams of hard evidence that demonstrate Obama’s short-form birth certificate, birth announcements, draft registration and long-form birth certificate are ALL bogus — that his multiple Social Security numbers are unquestionably suspicious — that Obama’s principal Social Security number fails the government’s own E-Verify system check — that Obama is constitutionally ineligible to serve as POTUS .

    Yet not a single court has ever allowed any of this evidence — documenting fraud on a grand scale — to ever be examined.”

  9. oldsailor80

    AirForce Brat……………….
    You CAN’T mistake MMMSSSSSS.Odonnell, SHE (IT) BEARS a TAIL NUMBER of a DIRIGIBLE.

  10. oldsailor80

    Gordo………..
    I keep saying that until the judicial branch is cleaned out,including the SCOTUS there will be absolutely NO justice for the common folks. Further,if any justice is awarded by any US court it will probably be out of the MUZZLE of a rifle. That is what we are up against. It is the same thing which relates to firearms………..take away the ammo and a rifle becomes useful only as a club.

  11. oldsailor80

    .
    I believe that Switzerland, China,and India,might end up being the only countries on earth to not feel the present world financial downturn. But truth is truth…..without INTERNATIONAL TRADE there can be no economical expansion. When the internal economic expansion of a country is stifled by the policies of it’s alleged leaders there is NO INTERNATIONAL TRADE. In the early grade school years some enterprising teachers used to tell the children that SUBTRACTION is really (TAKE -AWAY)………about as SIMPLE AS IT GETS, AND EXACTLY WHAT WE ARE SEEING BY FROM OUR ILLUSTRIOUS (alleged) LEADER.

  12. oldsailor80

    TYPO ECONOMICAL= NO, ECONOMIC = YES

  13. oldsailor80

    bye bye TIME FOR SOME GAINFUL ACTIVITY.

  14. I just tried to check Israel Insider website. It is a website out of Israel run by Reuven Koret. I used to be a member there and they even published one of my articles under a pen name. (This was regarding Obama’s Shiite preferences.)

    It was from an article there I saw the connection for Obama’s being the possible son of Malcolm X. Mr. Koret was very anti-Obama and a “birther.”

    Now his website has been deleted as of February 11, 2013. You can’t access it at all, from what I can see.

    Anyone else care to help me find out what happened to Israel Insider? Please post here if you find anything. So far I’ve had no luck. It’s hard not to wonder if the website has been deleted by the “Ministry of Truth” and the “Thought Police?” I’ll keep looking and if I find out what happened, I’ll pass it on here, too.

  15. Dean M. I just checked the webpage for Israelinsider. It says “this domain expired 2/11 and is pending renewal or deletion.”

  16. OLDSAILOR…at 1:01pm you said:

    “You CAN’T mistake MMMSSSSSS.Odonnell, SHE (IT) BEARS a TAIL NUMBER of a DIRIGIBLE”

    ———————————————————————————————-

    that was a great observation on your part…..KUDO’s.

  17. AIR FORCE BRAT…at 12:49pm you said;

    “RNinNC — thankfully, and in contrast to the video’s depiction, most women are not pathetic idiots when using a firearm. Somewhat amusing was the fact that several of the participants toward the end appear to be MEN — particularly the fat one at the outdoor table. (Or, maybe Rosie O’Donnell suddenly grew a full.beard”.)
    ____________________________________________________________
    Air Force Brat….I hope you didn’t take those post as a put down on women…Lord knows I wouldn’t do that. I have to live with one !.I …the post was however a big SMACK DOWN on the good old stupid ass kissing vice president we have…..however I also think OLDSAILOR’s comment about Mssss O’Doneall was a classic and worth remembering.

    As far as good old Joe Biden goes, I have always been lead to believe there is no cure for stupidity.

  18. A RECENT POLL FOUND THAT OBAMA WAS THE 4TH BEST PRESIDENT EVER IN THE HISTORY ON THE UNITED STATES. THAT’S CORRECT, AND i AGREE…..HERE’S THE RESULTS OF THAT POLL:.

    *Hard to dispute unbiased research.*****
    ****
    *A study group recently released its findings as to the best presidents of
    the United States of America.*****
    *Obama has been rated as the 4th best president ever of 44 presidents:*****
    ****
    *Reagan and 10 others tied for first,*****
    ****
    *15 presidents tied for second,*****
    ****
    *18 tied for third, and*****
    ****

    *Obama came in fourth.*****
    ———————————————————————————————-

    Hard to argue with the findings isn’t it?

  19. YOUR LAUGH FOR THE DAY:

    George W Bush and Barack Obama somehow ended up at the same barber shop at the same time. As they sat there, each being worked on by a different barber, not a word was spoken. The barbers were even afraid to start a conversation, for fear it would turn to politics.

    As the barbers finished their shaves, the one who had Obama in his chair reached for the aftershave. Obama was quick to stop him saying, No thanks, My wife Michelle will smell that and think I’ve been in a Chicago whorehouse.

    The second barber turned to Bush and said, How about you Mr President? Bush replied, Aww..go ahead; my wife doesn’t know what the inside of a Chicago whorehouse smells like.

    Hummmmmmmmm the devil is in the details!

  20. AFTER READING THIS, YOU WILL KNOW WHY YOUR GOVERNMENT IS IN THE SHAPE IT IS:

    A DC ‘airport ticket agent’ offers some examples of why the US is in so much trouble!

    1.I had a New Hampshire Congresswoman (Carol Shea-Porter) ask for an aisle seat so that her hair wouldn’t get messed up by being near the window. (On an airplane!)

    2. I got a call from a Kansas Congressman’s (Moore) staffer (Howard Bauleke), who wanted to go to Cape Town. I started to explain the length of the flight and the passport information, and then he interrupted me with, ”I’m not trying to make you look stupid, but Cape Town is in Massachusetts ..”

    Without trying to make him look stupid, I calmly explained, ”Cape Cod sir is in Massachusetts , Cape Town is in South Africa ..”
    His response — click..

    3. A senior Vermont Congressman (Bernie Sanders) called, furious about a Florida package we did. I asked what was wrong with the vacation in Orlando . He said he was expecting an ocean-view room. I tried to explain that’s not possible, since Orlando is in the middle of the state.

    He replied, ‘Don’t lie to me!, I looked on the map, and Florida is a very THIN state!!” (OMG)

    4. I got a call from a lawmaker’s wife (Landra Reid) who asked, ”Is it possible to see England from Canada ?”

    I said, ”No.”

    She said, ”But they look so close on the map” (OMG, again!)

    5. An aide for a cabinet member (Janet Napolitano) once called and asked if he could rent a car in Dallas .. I pulled up the reservation and noticed he had only a 1-hour layover in Dallas … When I asked him why he wanted to rent a car, he said, ”I heard Dallas was a big airport, and we will need a car to drive between gates to save time.” (Aghhhh)

    6. An Illinois Congresswoman (Jan Schakowsky) called last week. She needed to know how it was possible that her flight from Detroit left at 8:30 a.m., and got to Chicago at 8:33 a.m.

    I explained that Michigan was an hour ahead of Illinois , but she couldn’t understand the concept of time zones. Finally, I told her the plane went fast, and she bought that.

    7. A New York lawmaker, (Jerrold Nadler) called and asked, ”Do airlines put your physical description on your bag so they know whose luggage belongs to whom?” I said, ‘No, why do you ask?’

    He replied, ”Well, when I checked in with the airline, they put a tag on my luggage that said (FAT), and I’m overweight. I think that’s very rude!”

    After putting him on hold for a minute, while I looked into it. (I was dying laughing). I came back and explained the city code for Fresno , Ca. Is (FAT – Fresno Air Terminal), and the airline was just putting a destination tag on his luggage..

    8. A Senator John Kerry aide (Lindsay Ross) called to inquire about a trip package to Hawaii . After going over all the cost info, she asked, ”Would it be cheaper to fly to California and then take the train to Hawaii ?”

    9. I just got off the phone with a freshman Congressman, Bobby Bright from Ala. who asked, ”How do I know which plane to get on?”

    I asked him what exactly he meant, to which he replied, ”I was told my flight number is 823, but none of these planes have numbers on them.”

    10 Senator Dianne Feinstein called and said, ”I need to fly to Pepsi-Cola , Florida . Do I have to get on one of those little computer planes?”

    I asked if she meant fly to Pensacola and fly on a commuter plane.

    She said, ”Yeah, whatever, smarty!”

    11 Mary Landrieu, La. Senator, called and had a question about the documents she needed in order to fly to China . After a lengthy discussion about passports, I reminded her that she needed a visa. “Oh, no I don’t. I’ve been to China many times and never had to have one of those.”

    I double checked and sure enough, her stay required a visa. When I told her this she said, ”Look, I’ve been to China four times and every time they have accepted my American Express!”

    12 A New Jersey Congressman (John Adler) called to make reservations, ”I want to go from Chicago to Rhino, New York .”

    I was at a loss for words. Finally, I said, ”Are you sure that’s the name of the town?”

    ‘Yes, what flights do you have?” replied the man.

    After some searching, I came back with, ”I’m sorry, sir, I’ve looked up every airport code in the country and can’t find a rhino anywhere.”

    ”The man retorted, ”Oh, don’t be silly! Everyone knows where it is. Check your map!”

    So I scoured a map of the state of New York and finally offered, ”You don’t mean Buffalo , do you?”

    The reply? ”Whatever! I knew it was a big animal.”

    Now you know why the Government is in the shape it’s in!

    Could ANYONE be this DUMB? YES….they are your Senaotrs and congressmen.

    YES, THEY WALK AMONG US, THEY ARE IN POLITICS, AND THEY CONTINUE TO BREED UNRESPONSIVELY.

    I don’t write it, I just offer it for your consideration. Like manure, you just gotta spread it around.

  21. Kiltie — That’s exactly what I’m talking about. Their domain is said to be expired. They are said to be up for renewal or deletion. What does that even mean? That site was very active with lots of archives. Now nothing?

    I have my suspicions. Some of Koret’s sources on Obama I deduced were connected to Mossad (a Hebrew acronym for Israel’s national intelligence agency). It may be others noticed this too. So the Thought Police said this had to go? Is that what happened, or are my suspicions getting the better of me and there is a more benign explanation?

    There was a lot of information in the archives at that site. Now it is all scrubbed. I’m trying to find a way to reach Reuven Koret the editor of the site.

    Just imagine coming to Citizen Wells and finding it is scrubbed with the words, “The domain for this site has expired as of Feb 11, 2013. It is up for renewal or deletion.” It is now several weeks later. What is this renewal/deletion thing? CW can you help us out? Can your whole site just be gone tomorrow? I confess I’m ignorant of how this works.

  22. citizenwells

    Dean M.
    Each domain, .com, .net etc is purchased for use for 1 or more years.
    That gives one the right to reserve or use it.
    Some even reserve “catchy” names for resale.
    Once the domain is reserved hosting of a website can be associated with it.
    This site is hosted at wordpress.com. I have other sites that have had domains reserved & hosted elsewhere.

  23. Mr. Wells

    Who is Disqus? I can go to one site that has Disqus and click in on the comments and get them but another site has Disqus and will not let me read the comments…I always get “Timed Out.” ????

  24. citizenwells

    Ginger, beats me.

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