In 2007, 5.6 million persons were employed in EU27 financial services. 65% of these worked in banks, 20% in the insurance industry and 15% for intermediaries. The sector represented 2.7% of total employment in Europe. Between 2000 and 2006, data from the Labour Force Survey shows a shift of...

The European textiles, clothing and leather sector (TCL) lost 40% of its production volume and 40% of its jobs at the same time within a ten year period from 1996. It had to accept continuously rising import shares from low-cost countries – China in particular. The phasing out of the Agreement...