Austerity has worked so badly, the only solution is to do more of it...

Way to pave the way to the future!

Unemployment in the crisis-stricken currency bloc rose to 12.2% for April, according to Eurostat, the statistics office of the EU. At 24.4%, youth unemployment was double the wider jobless rate and up from 24.3% in March. The problem was most extreme in Greece where almost two-thirds of those under-25 are unemployed. The rate was 62.5% in February, the most recently available data.