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Last week, the number of US citizens, who had applied for unemployment benefits for the first time, fell by 24 thousand to a minimum in 1969 of 209,000, the Ministry of Labor said. The indicator several times exceeded the forecasts of analysts, who had expected a reduction in applications to 230 thousand. The ministry explained such a sharp drop by the return to work of employees of educational institutions in the state of New York, where the number of applications fell by 18,400 after an increase of 15,400 weeks earlier. Over the past 4 weeks, the average number of applications has dropped to 229 thousand 250 from 231.5 thousand. The number of Americans, who continue to receive unemployment benefits, for the week ended April 14, fell by 29 thousand to 1 million 837 thousand.
June had seen Japan’s industrial output breaking its four-month slump. The recuperation could be attributed to a modest recovery seen in broader business and consumer activity after the world’s third-biggest economy suffered from ...
Spain’s unemployment rose to 15.33% for the second quarter of 2020, according to Tuesday’s data from the National Statistics Institute amid the worsening COVID-19 situation in the country. The unemployment rate surged past the ...
Financial markets saw record heights earlier on Friday, with the Euro continuing its 21-month gain streak and gold prices hitting its highest level amid a weakened Dollar. The Euro soared above the Dollar by 1.7%, trading at $1.1616 for the ...
China's diesel exports for June fell by 50% year-on-year, a record low since September 2018 as lockdown measures around the world continued to curb fuel demand. China exported has 1.04 million tons of diesel, compared to the 1.45 million and ...
Gold prices rose earlier on Monday in Asia, remaining above the $1,800 as the COVID-19 pandemic continues to worsen around the world. Gold futures slipped by 0.29%, trading at $1,807.15 per ounce by 12:47 AM ET (05:47 AM GMT). Investors flocked ...
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