the euro area. Employment began to rise again in the first half of 2011, but declined once more at the end of that year … fall in GDP, employment adjustment has been relatively muted at the aggregate euro area level, mostly due to significant … some euro area countries, in others dramatic changes in employment and unemployment rates have been observed and, indeed …

the euro area. Employment began to rise again in the first half of 2011, but declined once more at the end of that year … fall in GDP, employment adjustment has been relatively muted at the aggregate euro area level, mostly due to significant … some euro area countries, in others dramatic changes in employment and unemployment rates have been observed and, indeed …