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The unemployment rate in the UK for the period from November 2018 to January 2019 has decreased to a minimum level of 3.9% since 1975 versus 4.1% in the previous 3 months, the Office for National Statistics reported, based on the calculation method of the International Labor Organization. The number of unemployed was 1 million 340 thousand people, having fallen by 112 thousand over the year. The employment rate reached a record of 76.1%. During this period, the number of jobs also reached a record level of 32,710,000, which is 473,000 more than in the previous three months. Since 2008, the annual growth of the average weekly wage, which included bonuses without bounties, has also shown record levels. This figure increased by 3.4%.
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 second quarter likely saw South Korea’s economy hitting its sharpest downturn in over two decades, a Reuters survey showed on Tuesday. This was mainly from the pandemic dragging the labor market, consumer spending, and global export ...
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