In June, the unemployment rate in Canada rose to 6% from 5.8% in May, the statistics showed. Analysts did not expect a change in the May level, which had stayed in the country for four months in a row. The number of jobs increased by 31 thousand 800, while economists had expected an increase of 20 thousand. Despite the increase in the number of jobs, unemployment increased by 0.2%, as the number of job seekers increased. Compared with June last year, the number of employed grew by 215 thousand, or by 1.2%. The growth of employment in June was 65.5% compared to a rise of 65.3% a month earlier. The growth of employment was observed in construction and production, the decrease was noted in the sphere of public catering and agriculture.
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 ...
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 ...
The United States Labor Department reported on Thursday that jobless claims edged down to a near four-month low since last week, while 32.9 Million Americans collected unemployment benefits in the third week of June. The government agency ...