Hiring at Euro-Area Firms Extends Labor-Market Recovery
(Bloomberg) -- The euro area’s labor market saw further signs of improvement in September after business stepped up hiring to work through full order books. Unemployment fell to 7.4% in the 19-nation bloc, in line with the median estimate in a Bloomberg survey. While that’s the lowest since April last year, there are still nearly 600,000 more jobless people than before pandemic lockdowns took their toll.
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