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Euro-Area Hiring Expectations Are Bleak as Downturn Looms

Euro-Area Hiring Expectations Are Bleak as Downturn Looms

(Bloomberg) --

Euro-Area Hiring Expectations Are Bleak as Downturn Looms

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.

To contact the reporter on this story: Eddie Spence in London at espence11@bloomberg.net

To contact the editors responsible for this story: Fergal O'Brien at fobrien@bloomberg.net, ;Sheldon Reback at sreback@bloomberg.net, Zoe Schneeweiss

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