Jobs in Europe
Jobs in Europe have been declining ever since the global economic meltdown began and it reached its worst in the year 2008. From October to December 2008, the number of people employed in Europe decreased by 0.3% or in numerical terms – 453,000. Overall, 672,000 people have lost jobs when you take statistics from all the 27 countries that are part of the European Union.
Spain holds the unenviable record of having the greatest unemployment rate among European Union countries. Around 3.3 million people are currently unemployed in Spain which shows jobs in Europe are at a premium. Due to the lack of jobs in Europe, more than a million people over the normal number of people working in the construction sector had joined this sector. Spain also recorded close to 200,000 unemployed people in the month of January or in percentage terms – a 6.3% increase in a time period of only one month. Spain’s leader Jose Luis Zapatero is hoping jobs in Europe will increase after the 11 billion Euro economic stimulus plan is introduced.
Germany was the next big sufferer and close to 3 million people were unemployed when statistics were taken in December 2008. The January of 2009 saw close to 400,000 people registering their unemployment. The reason why the German economy is facing the worst of the global economic slowdown is because its industry relies on exports greatly.
The area of Great Britain had recorded close to 2 million unemployed people in 2008 which is the highest number after August 1997. Between September and November of 2008, there have been 146,000 registered unemployed people and it reached 259,000 retrenchments by the time 2009 started. Jobs in Europe are getting lesser and lesser in all sectors.
More than 90,000 people looking for jobs in Europe have been registered in France by the end of 2008. 4.3% is the percentage increase in the number of unemployed people in the space of one month. The January of 2009 has become the ninth consecutive month where there has been an unemployment percentage increase. The loss of jobs in Europe has become so bad, that it has become the worst economic situation since 1991.
Thankfully now, in the year 2009 the situation regarding jobs in Europe has improved. Both the French and German economies have grown by .3% between April and June of 2009 mainly due to the increased exports growth for both countries. The export industry in Germany has seen a steady growth of 7% since the beginning of 2009. Also, the government influence through governmental spending cannot be overlooked too as this helped a lot in reviving the German economy and increase jobs in Europe.
France has also seen a steady growth and has helped pulled the country out of recession thanks to strong exports and greater personal consumption.
In conclusion, all the signs we can see now clearly show that the global economic slowdown is past us and all it requires is more positive thought to increase jobs in Europe. When more people are positive, spending increases, and when consumer spending increases, country economies do better.
Posted under Europe
This post was written by admin on January 13, 2010
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