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Monthly Labour Market Monitor February 2010

15/02/2010

Economic growth has resumed in the EU, although the recovery remains fragile.

Nevertheless, it is still too early to have had much impact on employment at this stage, and latest data covering the period up to December 2009/January 2010 indicate that the labour market continues to deteriorate, although at a more moderate pace over recent months. Although unemployment rates continued to rise in most EU countries, the only particularly strong rises were in Latvia and Estonia, while in several countries the rates appear to be stabilising and, in a few cases, even declining. This month's edition of the Monthly Labour Market Monitor includes a special focus on the financial sector and the postal services sector and an update on the financial sector.