Unemployment in Europe goes parabolic

European unemployment figures continue to look nasty. Charts are exploding to the upside, as unemployment hits 15 year highs. The skyrocketing unemployment, and the fact that the fertility rates are insufficient, are two facts the Bazooka and the LTRO (not even with the LTRO spent on bullfights) can’t take care of.

Europe’s most important charts below.

Charts Scott Barber of Reuters.

Comments

[ElvisDog]

Your solution would work, except for the fact that most Euros like the nanny state and want to keep it alive at all costs. Even the unemployed youth don't mind being unemployed if they can get paid to go to University or hang about cafe's all day.

[Vampyroteuthis ...]

By imploding the debt bubble it would imply that socialism just might ......eh....... not work. How are we going to spin this to the European sheeples that their perfect state is flawed at the core?

[Havana White]

Morons, both of you.

[Havana White]

Hyperbole, ok.  But please remember social democracies are eminently workable, as Germany and most of the Nordic states illustrate.  Greece, meanwhile, hardly needs submarines nor the graft riders of such wasteful spending, which may tend to divert responsible attention from pragmatic social pacts.