LOC14:28
11:28 GMT
BRUSSELS, Jan 10 (KUNA) -- Unemployment in the 27-member European Union has
now "reached a historically high level" at 9.8 percent, the European
Commission announced here on Tuesday.
Unemployment has affected most groups, but especially hard hit are the
young, the low-skilled and migrants.
Poverty is also on the rise in many EU countries. Young adults, children
and single parents are particularly at risk, said the EU's executive body in a
statement.
The EU economy grew modestly in the third quarter of 2011, although not
enough to stabilise employment. The growth rate was 0.3 pct
quarter-on-quarter, while the annual growth rate declined from 1.7 pct to 1.4
pct.
Growth forecasts for the EU were downgraded, also because the international
environment became weaker. (end)
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