Employment: Slight pick up in Germany and France

Employment rose slightly in Germany and France, but fell across theEU as a whole says a new report. 

The Markit eurozone manufacturing PMI was 46.9, up from November’s 28-month low of 46.4. Any score under 50 represents a contraction.

Activity in the eurozone manufacturing sector fell for the 5th successive month in December, but showed a slight improvement on the previous month.

Markit said production levels and new orders fell in all 17 member nations. Markit said manufacturing growth in the final three months of last year was the weakest since the middle of 2009. No country in the eurozone saw an increase in manufacturing activity in December.

Austria recorded the highest score of 49, followed by France on 48.9 and Germany on 48.4.

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