Mon, 02 Jul 2012 12:17:32 GMT
Unemployment rises as Euro-zone factories suffer
The
PMI in the Euro zone has been fluctuating below 50 since 2009. A recent
survey showed that in Germany and France, factories were worse off influenced by the recession in the south of Europe. The hiring index
decreased to 46.7 in June 2012 from 47.1 in May this year,
indicating a notable rate of job losses. Although the factory