Friday, March 23, 2007
[IWS] EC: KEY INDICATORS FOR THE EURO AREA [22 March 2007]
IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
________________________________________________________________________
European Commission > Economic and Financial Affairs > Indicators
KEY INDICATORS FOR THE EURO AREA [22 March 2007]
http://ec.europa.eu/economy_finance/indicators/key_euro_area/key_euro_en.pdf
[full-text, 12 pages]
This set of tables and graphs presents the most relevant economic statistics concerning the euro area. Each table is accompanied by a commentary. The document is intended to contribute to the analysis of recent developments in the euro area. It will be updated before each Eurogroup meeting of the ECOFIN ministers.
this update: 22 March 2007
next update: 17 April 2007
[excerpt]
4. Labour market
In January 2007, the unemployment rate stood at
7.4%, compared to 7.5% in December 2006. It was
8.3% one year ago.
Total employment in the euro area rose by 1.6%
(y-o-y) in the fourth quarter of 2006; it had
increased by 1.5% in the previous quarter. On a
quarterly basis, the seasonally-adjusted number of
persons employed rose by 0.3%, unchanged from
the third quarter. Employment expectations
remained unchanged in February.
The level of recorded labour shortages remained
unchanged in the first quarter of 2007, compared to
2006Q4: 5.0% of firms reported that unfilled job
openings were constraining production.
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
________________________________________________________________________
European Commission > Economic and Financial Affairs > Indicators
KEY INDICATORS FOR THE EURO AREA [22 March 2007]
http://ec.europa.eu/economy_finance/indicators/key_euro_area/key_euro_en.pdf
[full-text, 12 pages]
This set of tables and graphs presents the most relevant economic statistics concerning the euro area. Each table is accompanied by a commentary. The document is intended to contribute to the analysis of recent developments in the euro area. It will be updated before each Eurogroup meeting of the ECOFIN ministers.
this update: 22 March 2007
next update: 17 April 2007
[excerpt]
4. Labour market
In January 2007, the unemployment rate stood at
7.4%, compared to 7.5% in December 2006. It was
8.3% one year ago.
Total employment in the euro area rose by 1.6%
(y-o-y) in the fourth quarter of 2006; it had
increased by 1.5% in the previous quarter. On a
quarterly basis, the seasonally-adjusted number of
persons employed rose by 0.3%, unchanged from
the third quarter. Employment expectations
remained unchanged in February.
The level of recorded labour shortages remained
unchanged in the first quarter of 2007, compared to
2006Q4: 5.0% of firms reported that unfilled job
openings were constraining production.
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************
# posted by SBasefsky : 5:31 AM
