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Euro-Zone Unemployment Unlikely to Fall Quickly

Billington, I., (2013), “Euro-Zone Unemployment Unlikely to Fall Quickly”The Wall Street Journal, The Euro Crisis Blog, 10 September.

The euro zone may have emerged from recession this year, but unemployment is unlikely to fall quickly with companies less likely to hire staff in the final three months of the year than they were earlier in 2013, a survey of employers showed Tuesday.

The quarterly Manpower Employment Outlook shows that, while there is some improvement in business sentiment around the world, fewer countries have companies that plan to hire more staff in the fourth quarter of this year than in the third quarter, with Europe—specifically Italy, Spain and Ireland—offering the weakest opportunities for job seekers.

See also:

Manpower, (2013), “Employment Outlook Survey: Global – Q4/2013”, ManpowerGroup, September.

Manpower, (2013), “Employment Outlook Survey: Greece – Q4/2013”, ManpowerGroup, September (in greek).