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Rising unemployment means decreased spending, decreased spending means decreased demand, decreased demand will lead to decreased supply, and all of these factors play in the part of a weakened economy. By US standards, the unemployment rate in the euro-zone was already high, however, now that it is again on the rise, it is predicted that unemployment will keep rising over the next year...
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By US standards, the unemployment rate in the euro-zone was already high, however, now that it is again on the rise, it is predicted that unemployment will keep rising over the next year. This does not look good for the overall economy of the euro-zone.
In “Business Outlook,†discusses the issues of our current economy...
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