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EU employers association sees 4.5m jobs lost in 2009

12 March 2009, 17:07 CET
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(BRUSSELS) - Some 4.5 million Europeans risk losing their jobs this year due to the increasingly severe recession, the president of the BusinessEurope employers association said Thursday.

"We expect 4.5 million Europeans to lose their jobs because of the crisis in 2009," Ernest-Antoine Seilliere told reporters in Brussels.

The European Union's Eurostat data agency estimates that 18.412 million people were unemployed in the 27-nation bloc in January.

"Unemployment is going to get a lot worse, it is really going to be a dire year," the head of the European Trade Union Confederation John Monks told the same news conference.

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