Charting announced job loss and gain since the crisis

Eurofound’s European Restructuring Monitor (ERM) charts the announced employment impacts of large-scale restructuring events in European countries. The figure shows aggregate job loss and job gain as recorded in the ERM dataset from the peak crisis years 2008–2010 to end June 2016. The main trends since the global financial crisis have been a decline in announced job loss and a gradual increase in announced job creation. The two time series have largely converged since 2014.