From May to July this year, the unemployment rate in the UK, according to the methodology of the International Labor Organization, declined from 4.2% in the previous 3 months to 4%, the minimum since February 1975, the data from the Office for National Statistics showed. During this period, the number of unemployed decreased by 55 thousand to 1 million 360 thousand. Compared with the same period in 2017, the indicator fell by 95 thousand people. Employment was 75.5%, having decreased by 0.1 percentage points in three months. The number of employed in the British economy, compared with the previous three months, remained almost unchanged, and in annual terms - increased by 261 thousand. The salary for the week without taking into account the bonus increased by an average of 2.9%, taking into account the bonus, - by 2.6%.
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 ...