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In February of this year, the unemployment rate in the eurozone did not change, retaining the value of January at 7.8% and confirming the experts' forecasts, Eurostat data showed. The January unemployment rate of 6.5% remained in February in the countries of the European Union. For the EU, this is the lowest figure since January 2000. The number of unemployed in the euro area was 12 million 730 thousand people, in the EU countries - 16 million 12 thousand people. In the eurozone, the figure fell by 77 thousand, in the EU - by 102 thousand. Compared with February last year, the most significant decrease in unemployment was recorded in Greece - from 20.8% to 18%, and in Cyprus - from 9.4% to 7.1%. The lowest unemployment rate was recorded in the Czech Republic – 1.9%, and Germany - 3.1%.
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 ...
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 ...
The outlook for major global housing markets was monitored at a weak level. This could be attributed to pressing factors including unemployment surge, lockdown restrictions, and low immigration over the coming year, a Reuters survey showed. Fears ...
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