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In June 2018, the unemployment rate in the euro area remained at the May level of 8.3%, which is the lowest since December 2008, Eurostat reported. The indicator coincided with the forecasts of analysts. Unemployment in the European Union remained at the level of 6.9%, which is the lowest level since May 2008. The number of unemployed increased in comparison with the previous month in the EU by 4 thousand, in the euro area - by 14 thousand. The lowest unemployment rates were recorded in the Czech Republic – 2.4%, and Germany - 3.4%. The highest unemployment rate was observed in Greece – 20.2%, and in Spain – 15.2%.
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 ...
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 reimplementation of virus-related lockdowns in some states dragged the U.S. economic outlook in the past month, according to economists in a Reuters poll who also warned that the monitored rebound in employment may reverse by the end of ...
Japan's industrial output is expected to recover in June from a double-digit decline in May amid hopes that factory activity may have reached its lowest due to the coronavirus pandemic, according to a Reuters’ poll of 13 economists. While ...
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