Brussels, 03/05/2012 (Agence Europe) - The International Labour Organisation (ILO) makes no bones about it - the deterioration of the EU's economy is a reflection of the austerity trap. In its most recent report on labour in the world in 2012, published on Monday 30 April, the ILO does not mince its words when it comes to Europe. The jobs situation is getting worse, unemployment keeps on rising and the short and medium-term growth prospects are poor. The confidence member states are trying...