Unemployment Rate: Canada

The European Union Dept: Spain is a case in point. According to data from the European Union, it had an unemployment rate of 22.9 per cent last fall, followed by Greece with 18.8 per cent, according to Montreal Gazette. The figures in Europe were far worse for those under the age of 25. Spain again led the way with a staggering youth unemployment rate of 49.6 per cent, followed by Greece with 45.6 per cent, compared to a rate of about 15 per cent in Canada and canada must B not be shy about taking advantage of Europe's financial distress. The Harper government should target some of the continent's best and brightest as immigrants and prospective future citizens. Take away the few European countries which are still prospering, such as Germany, Austria, Holland and Finland, and the unemployment rate across the EU was more than double that of Canada, which announced an unemployment rate of 7.5 per cent last week. (www.immigrantscanada.com). As reported in the news.