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[IWS] EMCC: ERM QUARTERLY, Quarter 4, January 2015 [2 February 2015]
IWS Documented News Service
Institute for Workplace Studies-----------------Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
16 East 34th Street, 4th floor--------------------Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
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European Foundation for the Improvement of Living and Working Conditions (Dublin Foundation)
European Monitoring Centre on Change (EMCC)
European Restructuring Monitor (ERM)
ERM QUARTERLY, Quarter 4, January 2015 [2 February 2015]
[full-text, 4 pages]
Dramatic recent oil price declines have seen deflation take hold in the EU. General price levels in December 2014 were 0.2% lower than a year earlier. This is further evidence of a tentative European economic recovery that appears to be running out of steam. Growth forecasts for the EU have been trimmed to 1.1% in 2015 after growth failed to reach even 1% in 2014.
This issue includes: Macroeconomic trends and prospects; Job creation and job loss at a glance (1/10/14 - 31/12/14); Sectoral distribution of job losses/job gains, and top five cases; Case in focus: Lloyds Banking Group and branch banking; Situation in focus: Restructuring arising from Russian sanctions; Restructuring support measures in focus: public employment incentives.
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