The ILO published a report with a forecast on employment trends. Chapter 2 on Europe comes up with several graphs and statistics. The business cycle has been closely synchronised across European countries, with the majority of economies expected to see slightly slower GDP growth in 2018, after a strong rebound in 2017. The unemployment rate is projected to have dropped from 9.2% in 2016 to 8.5% in 2017, the lowest rate since 2008. But, while employment has been expanding since 2015, wage growth remains subdued, constraining further improvement in aggregate demand and, in turn, in the labour market.
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