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Unemployment in the euro area remained in July at the June level of 8.2%, according to the data of Eurostat. The July value of unemployment was the lowest since November 2008 and coincided with the analysts' forecast. In the European Union, unemployment fell to 6.8% in July from 6.9% a month earlier. This is the lowest figure in the EU since April 2008. For a month, the number of unemployed in the euro area dropped by 73 thousand, in the EU – by 82 thousand. The lowest unemployment rate in the EU was shown by such countries as the Czech Republic – 2.3%, Germany – 3.4% and Poland – 3.5%. The highest rate was recorded in Greece – 19.5%, and in Spain – 15.1%.
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 ...
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 ...
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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