OECD unemployment rate in 2014 of 12.3% predicted eurozone

Hard-hit eurozone unemployment rate of young people in the worst hit, with 2014 on Tuesday, the OECD forecast is expected to reach a record 12.3 percent.
In its annual Employment Outlook, Organisation for Economic Cooperation and Development - as members of one of 34 developed and emerging countries - large disparities between countries in the zone revealed.
Unemployment rate in Germany, for example, he will be Spain and Greece, while nearly 28.0 percent to 5.0 percent by the end of 2014 is set for the fall.
"Across the OECD, more than 48 million people, compared to the beginning of the crisis, nearly 16 million are unemployed," beginning in 2007, citing the global financial crisis, the report said.
The growth of employment in the United States encouraging signs of recovery from recession in the eurozone have been offset by a return.
By the end of 2014, unemployment in Germany is set to fall while it remained flat or in the rest of Europe will increase.
Young people are particularly hard hit in many European countries will continue to report the youth unemployment rate, Greece, Spain, Italy and Portugal, 55% and around 40 per cent with 60 per cent, He said, she said.