LONDON, November 24 /PRNewswire/ -- Bosses and governments in Europe have avoided mass layoffs but all that is set to change. Robin Bew of the Economist Intelligence Unit predicts a leap in unemployment figures. Workers will be faced with the stark choice to take lower pay or find themselves out of work.

In his monthly Global Forecast programme broadcast on http://www.cantos.com Robin looks at the problems export-orientated Europe still faces, the big cost-cutting meatures companies are under pressure to carry out, the "loose" monetary conditions that are causing asset price bubbles, the role of BRIC countries, and finally Barak Obama's report card - a year into his presidency has he done enough?

The video interview and transcript are available at http://www.cantos.com/economist. It's free to view and no registration is required.

Cantos.com, the online financial broadcaster, features in-depth interviews, documentaries and webcasts with senior company executives. If you would like to contact us, please email enquiries@cantos.com or phone +44-207-936-1333

SOURCE Economist Intelligence Unit

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