Although the outlook for the coming months remains unfavourable, labour markets are showing tentative signs of stablising in some EU countries as confidence among businesses and consumers continues to recover. The EU unemployment rate edged up to 9.1 % in August but the rate remained stable in five countries (Finland, Germany, Italy, Poland and Slovenia) and fell in another four (Austria, Denmark, Malta and Portugal). This month's report includes a special focus on the textile sector, which remains labour intensive and, like most manufacturing sectors, has been hit hard by the economic crisis.
Read this EC report here.
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