India, China, US lead job creation in Europe: Ernst & Young
MUMBAI: As Europe fights recession for the third year without much success so far, almost all jobs there were created by US, Indian and Chinese investors in 2011, an Ernst & Young survey said.
While US companies led the race by creating as much as 26 per cent of new jobs, India and China created the rest, accoubting for nearly 9,000 new jobs, which is 95 per cent of BRIC nations' contribution during the period, E&Y's 10th Annual European Attractiveness Survey said.
"The number of jobs created by BRIC investors in Europe rose 8 per cent in 2011, with India and China together accounting as the largest players for 95 percent of job creation and 82 per cent of projects in the EU," it said.
While US companies led the race by creating as much as 26 per cent of new jobs, India and China created the rest, accoubting for nearly 9,000 new jobs, which is 95 per cent of BRIC nations' contribution during the period, E&Y's 10th Annual European Attractiveness Survey said.
"The number of jobs created by BRIC investors in Europe rose 8 per cent in 2011, with India and China together accounting as the largest players for 95 percent of job creation and 82 per cent of projects in the EU," it said.
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