Ashraf Laidi on CNBCArabia's Al-Hasila Talking Euro Joblessness - Apr 3, 20121

Apr 3, 2012 19:36
Ashraf tackles the topic of 15-year high unemployment in the Eurozone as a result of deepening austerity measures. Part of the unemployment problem is due to structural unemployment stemming from inefficient social security services discouraging employment. These issues were already a problem prior to the 2007-8 crises. Ashraf also touches upon the potential of escalating social malaise spilling onto deteriorating racial tensions, especially if government shift further to the right as might be in the case of France.

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