ERM Quarterly - Quarter 1, April 2016

In its latest World economic outlook (April 2016), the IMF has again lowered global growth forecasts for the coming year. Two factors cited for this more downbeat assessment are weak growth in developing economies, notably China, and ‘political discord’ in other major economies.

This issue includes: Macroeconomic trends and prospects; Job creation and job loss at a glance (01/01/16 - 31/03/16); Sectoral distribution of job losses and gains, and top five cases; Restructuring-related legal regulations in focus: Payment guarantee in case of employee insolvency; Case in focus: UK steel industry woes mirror EU steel crisis; Case in focus: Dutch retailer V&D closes with over 8,000 job losses.