Record unemployment to be the focus of EU summit
The record unemployment blighting much of Europe will be the focus of attention at a two-day EU summit set to open in Brussels, BBC News reports.
The Organization for Economic Co-operation and Development said unemployment may have peaked in the OECD area in May 2010, but that nations in the region will have to create about 17 million news jobs to return employment levels back to where they were before the financial crisis.