Economics
Euro Area Added Jobs in Sign of Resilience Against Lockdowns
- Employment rose 0.3% in fourth quarter after 1% gain in third
- 19-nation economy shrank 0.6%, less than initially reported
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The euro area added jobs at the end of last year, suggesting businesses are looking beyond the latest economic woes caused by coronavirus lockdowns.
Employment in the 19-nation currency bloc rose 0.3% in the fourth quarter for a second consecutive gain. The economy shrank 0.6% in the same period, slightly less than initially reported.