European Union Has Gloomy Employment Figures, Middling Inflation Rate

European Union Has Gloomy Employment Figures, Middling Inflation Rate

18 June, 2013

Employment in the first three months of 2013 fell 1 percent from the same period last year for the 17 countries that use the euro, but it fell only 0.4 percent for the wider EU, which includes 27 countries.

In the short term, euro zone countries saw a 0.5 percent decline in unemployment from the previous quarter, while the EU saw a 0.2 percent decline.

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