The number of people in work in the EU has dropped steadily since mid-2011 and in the last quarter of 2012 it fell by a further 0.2 % (400 000 people) to return by the end of the year close to its lowest level since the financial crisis began (see Chart 8). The positive impact of the recovery on employment in 2010 and during the beginning of 2011 (+1.6 million jobs) has thus been lost by the end of 2012.
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