Private sector job losses bode ill for German hopes of end-year rebound - PMI

BERLIN (Reuters) - Employment in Germany's private sector fell for the first time in six years in October, a survey showed on Thursday, suggesting that a third-quarter slowdown in Europe's largest economy could stretch into the closing months of the year.Markit's flash Purchasing Managers' Index (PMI) survey showed that the slight fall in employment was mainly the result of job losses in the manufacturing sector, where staffing numbers fell to their lowest level in almost 10 years.The slowdown..