European employment fell by 0.2% in the Euro 16 Area and by 0.3% in the wider EU 27 Region, according to the first estimate released by Eurostat for the 4th quarter of 2009.
Falls in employment were recorded in manufacturing (-1.1% in the euro area and -1.0% in the EU27), construction (-0.4% and -0.7% respectively) and trade, transport & communication services (-0.5% in both zones).
Financial services & business activities decreased by 0.1% in the euro area, but grew by 0.1% in the EU27. Agriculture increased by 0.5% and 0.1% respectively, and other services (which mainly includes public administration, health and education) grew by 0.2% in both zones.
Story provided by Business Financial Newswire
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