European Jobs Market Remains Strong As Recession Looms ...Middle East

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European Jobs Market Remains Strong As Recession Looms
The European jobs market is defying expectations and holding up well despite experts expecting the bloc to tip into a tough recession, fresh figures out today show. The proportion of people unemployed in the 19 countries using the euro dropped to a record low 6.5 percent in October from 6.6 percent in September, according to Eurostat. Joblessness in the eurozone continued to fall despite countries such as Germany, Italy and France suffering from a historic energy crisis that is cooling economic activity. European countries have historically relied…

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