Eurozone companies slash jobs as recession bites

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Series Details 24.1.09
Publication Date 24/01/2009
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The eurozone’s plunge into deep recession is leading companies to slash jobs at an ever faster rate even though the speed of the downturn has eased, a closely-watched survey has shown, January 2009. Purchasing managers’ indices for the 16-country region rose slightly in January 2009, but remained consistent with a pace of economic contraction not seen since the launch of the euro more than a decade ago.

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Website: Markit Economics http://www.markiteconomics.com/Default.aspx

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