April 2, 2012, the European Union reported that unemployment is still high.  It’s the 8th straight month of increasing unemployment for the EU.

Portugal’s unemployment is now at 15%, with Italy at 9.3%.

Spain is hardest hit, with 23.6% officially unemployed.  Young workers under 25 years of age are suffering the most.  Spain’s youth unemployment rate is at 50.5%, which means that one out of every two youth are out of work!