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In April, the euro area recorded the lowest unemployment rate since August 2008, which was 7.6% versus 7.7% in the previous month, Eurostat statistics showed. Experts had not expected a change in the March index. The total number of unemployed in the euro area countries in April was 12.529 million people, which is 64 thousand less than in the previous month. In annual terms, the figure fell by 1.147 million people. Unemployment in the European Union has not changed compared with March, keeping the lowest level since January 2000 at 6.4%. During the month, the number of unemployed decreased by 108 thousand, reaching 15.802 million people. In annual terms, the figure fell by 1.394 million people. The lowest unemployment rate was recorded in the Czech Republic – 2.1% and Germany – 3.2%. Greece showed the highest level – 18.5%.
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 ...
Intel Corp. (INTC.O) announced on Monday that Chief Engineering Officer Murthy Renduchintala would leave the company on August 3. The semiconductor manufacturing company said that it would reorganize its technology, systems architecture, and ...
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 ...
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