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10th May 2023 15:25Eurozone, Daily Monitor

  • The unemployment rate in Italy has held steady since last May; it has increased a bit in Spain...
  • ...Employment should remain solid, but we think the workforce will grow, limiting the fall in joblessness.
  • Wage indexation means wages will rise faster in Spain and Italy than in France and Germany.

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Keywords for: 11 May 2023 Eurozone Monitor

employment, eurozone, france, italy, labour, May, remain, spain, unemployment, unemployment rate, wages, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence