Drop in EU unemployment 'encouraging'


Drop in EU unemployment 'encouraging'
New figures have revealed a drop in unemployment across the EU to 7.2 per cent for March.

This compares with a figure of 8.2 per cent for the same time last year, the research by Eurostat showed.

The lowest rates of unemployment were found to be in Denmark, the Netherlands and Ireland, with countries such as Slovenia and Poland recording significant falls in unemployment numbers over a 12-month period.

Howard Archer of analysis firm Global Insight commented that the figures show "an encouraging continuation of the steady improvement in the region's labour markets over the past 18-24 months".

He added that the European Central Bank may see the statistics as being indicative of impending wage rises in the region during the next few months.

Last week, the EU's latest European Restructuring Monitor report revealed a 30 per cent rise in new jobs across Europe for the first quarter of 2007.

Related categories: HR / Recruitment.

Bookmark with:
Bookmark with: Digg Digg Bookmark with: Del.icio.us Delicious Bookmark with: Reddit Reddit Bookmark with: StumbleUpon StumbleUpon Bookmark with: Google Google Bookmark with: Technorati Technorati Bookmark with: Netvouz Netvouz

See also:

Latest News:

Search News
News Front Page
Accountancy / Tax
Advertising / PR
Armed Forces
Aviation / Aerospace
Banking / Finance
Charities / Voluntary
Childcare / Youth
Construction / Property
Customer Services
Education / Training / Teaching
Emergency Services
Engineering / Electronics
Entertainment / TV / Theatre
Graduate Roles
HR / Recruitment
Health / Beauty
Hotel / Catering / Restaurants
IT / Internet
Insurance / Pensions
International / Overseas
Management / Business
Manufacturing / Industry
Media / New Media / Creative
Medical / Healthcare
Pharmaceutical Industry
Public Sector
Retail / Wholesale
Sales / Purchasing / Marketing
Science / Technology
Secretarial / PA / Admin
Skilled / Semi-skilled Manual
Transport / Logistics
Travel / Tourism / Leisure