Friday, December 3, 2010

European shares fall as U.S. employers create fewer jobs than forecast

European shares retreated after the U.S. economy generates fewer jobs in November than economists had forecast.

The benchmark Stoxx Europe 600 Index lost 0.5 percent to 270.33 at 1:34 pm in London, having swung between gains to losses of at least 13 times. The number of jobs increased by 39,000 last month, the lack of the average estimate of 150,000.

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