, reflecting the overall stability seen in the European Union unemployment rate.
Germany is the only OECD country reporting a lower unemployment rate today than in 2007, at 6.6%. Besides the United States
"Although the global recovery has gained momentum, it has virtually passed Europe by. The only bright spots are Germany and Sweden and it is exports to these countries that are driving
was up by +38.8% in Germany, up by +30.2% in Italy, up by +23.9% in Switzerland, up by +18.5% in France and up by +12.3% in Belgium.
In Poland and Norway, where figures are reported on a quarterly basis
growth, registering 57%. Escalated recruitment for this sector has been most apparent in Germany, with additional growth charted in smaller markets, including countries in the Baltics and Eastern Europe
, Germany and Sweden show a strong growth in labour demand. This trend is less pronounced in Latvia, Cyprus, Romania, Bulgaria, Slovakia, Netherlands, Slovenia, Czech Republic and Greece.
Growth in labour
, ULCs rose in Finland (+0.9%), Germany (+1.4%) and Italy (+0.6%), but fell in Slovenia (-0.1%) and Spain (-0.1%). Outside Europe, ULCs rose in Australia (+0.4%) and Canada (+0.8%), but fell in Korea (-0
falling for the first time since August 2009. In both cases, the declines contrast markedly with strong rates of growth in early-2011.
Output growth slowed to near-stagnation in both Germany and France
as a member of AESC's European and Global Boards of Directors. In 2006 he started the AESC chapter in Germany, Austria and Switzerland, which he led as Chairman until the end of 2011.
Previous AESC award