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The employment rate in the European Union reached 72% in 2017, an increase compared with the figure of 70% a decade ago, according to official data. The leader according to this indicator was Sweden, where the employment rate at the end of last year was at around 82%. The second place was taken by Germany. According to the Federal Statistical Office Destatis, the employment rate in the country increased in 10 years to 79% from 73%. This was facilitated by the increase in the number of employed women from 67% to 75%, as well as an increase in the proportion of working youth to 75% and people of pre-retirement age to 58%.
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 ...
Australia had seen its employment rate dropping 1.1% between mid-June and mid-July, weekly data showed on Tuesday. In addition to this, the southeastern state of Victoria recorded the sharpest plunge in employment as the state suffers from ...
The U.S. economy likely boosted employment at record levels in June as more bars and restaurants resumed operations. Though this would indicate that the virus-driven recession was probably over, an upsurge in new coronavirus cases threatens ...
Bank Indonesia on Thursday has decided to cut its benchmark rate for the third time this year with signals that it may ease further. The central bank of SouthEast Asia’s largest economy will cut the 7-day reverse repurchase rate by 25 ...
KYC Policy