Report on the development of the social situation in the Communities in 1975

Abstract

The general economic and social situation of .1975 was characterized by rising unemployment and a level of inflation in nearly all Member States that, although lower than in 1974, continued to give rise to serious concern. By the end of 1975 total unemployment in the countries of the European Communities had reached a level of about five and a half million and consumer prices by the Autumn of 1975 were rising on average by about 12.5% compared with 16% in the previous year.