Analysis: Amid jobs gains, worries persist over Europe

From Reuters

Friday's stronger-than-expected December U.S. jobs growth figures drew a sharp contrast with European numbers, but staffing executives who track labor demand on both sides of the Atlantic caution Europe's impact on jobs in the United States may yet prove deeper than it has so far.

Executives in the temporary staffing and employment services field say anxiety about a likely recession in Europe keeps cropping up in conversations with clients and, in some cases, is putting hiring plans on hold.

Faced with falling sales and profits in Europe, multinational clients may look for offsetting savings in other markets, including the United States.

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