Euro-Area Hiring Expectations Are Bleak as Downturn Looms

Euro-Area Hiring Expectations Are Bleak as Downturn Looms

(Bloomberg) --

Unemployment might be at its lowest in over a decade, but euro-area companies don’t expect to be hiring in the next few months as a global downturn looms. Expectations to employ more staff are sliding across sectors, according to the latest European Commission data. Industry and retail are particularly downbeat.

©2019 Bloomberg L.P.

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