Eurozone creating jobs faster than US

Employment in Europe appears to be on the up with new jobs being created at a faster pace than in America.

"The eurozone is now creating jobs at a faster rate than the US," said Holger Schmieding, a European economist at Bank of America, on Monday (21 August).

He suggests that employment is rising by 200,000 a month across the 12-country eurozone, reports Financial Times Deutschland.

Germany and France, both recording several consecutive months of a drop in their unemploymen...