Signs Of A Muted Recovery In Europe

Published August 2, 2013 at 11:20 AM CDT

The number of people without jobs in Europe fell for the first time in more than two years in June, but the overall unemployment rate of 12.1 percent is still a record high.

Among young people in countries like Spain, it’s near 60 percent.

But things are much better in Germany, where the jobless rate is just 5 percent. And that means Germany is a destination for people who can’t find jobs in countries like Spain and Greece.

Guests

Damien McGuinness, correspondent for the BBC in Berlin, Germany.
Guy Hedgecoe, correspondent for the BBC in Madrid, Spain. He tweets @Hedgecoe.

Spanish workers of a German company, Galmed, hold banners reading "Don't close it" and "Lets defend the industry" partly seen, as they shout slogans during a protest outside the German Embassy in Madrid, Spain, Monday, June 3, 2013. Hundreds of workers have marched to the German Embassy shouting slogans "We want jobs in Spain not to emigrate to Germany." (Andres Kudacki/AP)

Signs Of A Muted Recovery In Europe

Guests

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