EU LABOUR MARKET: PACE OF DETERIORATION EASING.

• Position: Brief article

The EU's labour market continues to weaken, although the deterioration in November and December 2009 was less pronounced than in the earlier months of the year, says the January issue of the European Commission's monthly labour market monitor. "Unemployment in still rising in most member states, but labour markets have shown stronger signs of stabilising in certain countries, confirming an easing in the deterioration of the EU labour market overall," says the report. The labour market...