Weak Employment & PMI Data Raises Fear of Stagnating Economic Recovery in the Eurozone

Unlike the strong recovery seen in the US jobs data, unemployment rate in the Eurozone registered a very small dip in May 2014 as compared to previous month’s data. The total jobless rate remained stagnant at 11.6% with around 18.5 million workers still struggling to find employment. The unemployment data indicated the stark disparity between…

Weak Employment & PMI Data Raises Fear of Stagnating Economic Recovery in the Eurozone

Unlike the strong recovery seen in the US jobs data, unemployment rate in the Eurozone registered a very small dip in May 2014 as compared to previous month’s data. The total jobless rate remained stagnant at 11.6% with around 18.5 million workers still struggling to find employment. The unemployment data indicated the stark disparity between…