In April this year, the International Labor Organization (ILO) warned the EU of annihilating consequences for the labor market of the EU austerity measures. Hatred, insecurity and suicide have increased, while the economy remains in ruins. Unemployment is on the rise globally.  According to the ILO estimate, around 202 million people will be unemployed in 2012, which is an increase in 6 million from 2011. More than two thirds of European countries have experienced an increase in unemployment in the last six months. According to Eurostat, “24.772 … [Read more...]