Europe February 2005

Posted by Scriptaty | 9:41 PM

The United Kingdom’s economy grew 3 percent compared to the same quarter a year earlier and 0.4 percent compared to Q2, primarily spurred by retail and wholesale increases.

The United Kingdom’s unemployment rate of 4.7 percent from September through November didn’t change compared to the previous three-month period, but it dropped 0.2 percent when compared to the same three-month period in 2003.

France’s jobless rate remained stable at 9.9 percent in November compared to year-to-year and previous month percentages.

Unemployment in Germany rose 0.5 percent from the previous month to 10.8 percent and 0.4 percent compared to December 2003. However, according to a press release from Germany’s Federal Statistical Office, “The service sector as a whole (trade, hotel and restaurant services, transport and other services) recorded job gains in 2004, which more than offset the job losses in other industries."

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