| Author (Corporate) | European Foundation for the Improvement of Living and Working Conditions (Eurofound) |
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| Series Title | Press Release |
| Series Details | 15.2.05 |
| Publication Date | 15/02/2005 |
| Content Type | News |
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A total of 309 restructuring cases or 161,090 job redundancies were announced during the last quarter of 2004 across the 18 EU Member States covered by the European Restructuring Monitor (ERM). This represents a sharp increase on the previous quarter when 159 cases or 56,342 job losses were reported. The majority of cases were noted in just four countries: the UK, Germany,, Poland and France. At the same time, however, some 74 business expansion cases were recorded, resulting in 38,725 new jobs from the beginning of October to the end of December 2004. Once again, the majority of these cases were reported in just four countries. The European Restructuring Monitor (ERM) is an information service of the European Foundation for the Improvement of Living and Working Conditions that analyses data on industrial restructuring in Europe. |
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| Source Link | Link to Main Source http://www.eurofound.europa.eu/press/releases/2005/050215.htm |
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| Subject Categories | Employment and Social Affairs |
| Countries / Regions | Europe |
