ERM quarterly – Issue 2, July 2012
With GDP growth stagnating, the unemployment rate continuing its upward trend, and unresolved sovereign debt issues in many Member States, it is not easy to be optimistic about the prospects for EU labour markets. The best news tends to be of the ‘it could be worse’ variety. The second issue for 2012 highlights almost 73,000 job losses and over 47,000 jobs gains.
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