Monday, March 15, 2010

4 million jobs vanished in 2009

Official data show that some 4 million jobs disappeared in the European Union last year, when countries were struggling to emerge from recession. In a Monday release, the EU statistical agency Eurostat said EU employment numbers dropped 1.8 percent from 2008 and that 221.1 million people were working in the region in the last three months of the year.
In the 16 nations that use the euro, some 2.72 million jobs vanished as employment fell 1.8 percent from the previous year. Some 144 million were employed in the fourth quarter.
Eurostat says the highest number of job losses were in the manufacturng industry, construction and trade, transport and communication services. Agriculture and public administration, health and education added jobs.
AP

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