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Next to an opened notebook is a tablet with the picture of the labour market barometer.

European Labour Market Barometer: The war in Ukraine is dragging down Europe’s economy

The European Labour Market Barometer has continued its downward trend in August. The labour market leading indicator of the European Network of Public Employment Services and the IAB fell by 0.8 points compared to July, but still remains above the neutral mark of 100, standing at 100.9 points. The additional risks posed by a possible escalation of the energy crisis still persist.

European Labour Market Barometer