High Unemployment Rate Hits Eurozone

High unemployment rate hits Eurozone

Executive summary
This report is going to evaluate the financial situation which happened in the Eurozone since the year 2008. As we all know, the Eurozone suffers the financial crisis and debt crisis in the 2008 and 2010 respectively. This two events lead the economic situation in Eurozone falls into the recessionary status. As the economy continues to fall down, the countries in Eurozone is plagued by many problems. And the unemployment issue is a main problem that brought by the poor economic situation. In this report, I aim to use the economic model and concepts I learnt to analyze the reasons that cause the high unemployment rate in Eurozone. In addition, those economic challenges faced by the countries in Eurozone also will be listed in the report. The last but not the least, the economic policy that adopted to solve the challenges will also mentioned in the report.

Table of contents
Introduction.............................................................................................4
Summary of article “Unemployment rate rises in Eurozone” .................................................................................................4 The high unemployment rate and business cycle.......................................................................................................5-6
4. The main reasons for causing high unemployment rate in eurozone countries..................................................................................................6-8
5. The challenges faced by eurozone countries..................................................................................................8-9
6. Policies that implemented by eurozone countries.....................................................................................................9
7.