Employment stats: job recovery "painfully slow"

Commenting on employment figures for Q3 2015 that show a

  • 1.1% increase in the Euro area and the EU 28 compared to the same quarter last year, and a
  • 0.3% increase in the Euro area, and 0.4% in the EU28 compared to the previous quarter;

Veronica Nilsson, Deputy General Secretary of the European Trade Union Confederation (ETUC), said “If this is a recovery it is painfully slow.”

What’s worse is that a job no longer guarantees a way out of poverty. It’s a fact that there has been a steady increase in the number of people earning poverty pay over the last 5 years, as well as the overall number of people in poverty after social transfers.”   

The employment figures do not only count full-time or permanent jobs. A worker can be counted as employed if s/he works for an hour.