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Euro-Area Employment Tops Pre-Covid Level, Shrugging Off Omicron

  • 19-member bloc reports third straight quarter of jobs gains
  • GDP rises 0.3% in fourth quarter, matching flash estimate
Commuters in the La Defense financial district of Paris, France.

Commuters in the La Defense financial district of Paris, France.

Photographer: Benjamin Girette/Bloomberg
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Employment in the euro area exceeded its pre-pandemic level, shrugging off surging Covid-19 infections to highlight the economy’s increasing resilience to virus disruptions.