Unemployment continues to rise, job vacancies remain significantly lower than a year ago and companies continue to announce more job reductions than creation.
Moreover, the outlook for the coming months remains unfavourable. However, labour markets are showing tentative signs of stabilising in some Member States, while a relative improvement in confidence among businesses and consumers, including their employment and unemployment expectations, although still pessimistic, adds support to the view that the pace of economic and labour market deterioration is easing. In this month's edition there is a special focus on the health sector as well as an update on the situation in the automotive industry, previously reported on in the February issue.
Moreover, the outlook for the coming months remains unfavourable. However, labour markets are showing tentative signs of stabilising in some Member States, while a relative improvement in confidence among businesses and consumers, including their employment and unemployment expectations, although still pessimistic, adds support to the view that the pace of economic and labour market deterioration is easing. In this month's edition there is a special focus on the health sector as well as an update on the situation in the automotive industry, previously reported on in the February issue.
Read this EC report here.
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