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The UK recorded the lowest unemployment rate of 3.8% since 1974 in the first quarter. According to the Office for National Statistics, the index fell by 0.2 percentage points from the previous quarter. In the specified period, 1.3 million unemployed were registered in the country, which is 119 thousand less than in the same period of 2018. The level of employment rose to a maximum in the entire history of observations of 76.1%. The British economy increased the number of jobs by 354 thousand in annual terms to 32.7 million. Weekly wages excluding bonuses increased on average by 3.3%. The average wage, which includes bonuses, increased by 3.2%. In April, registered unemployment in the country was at the level of 3%, just as a month earlier. The number of Britons who received unemployment benefits last month increased by 22.6 thousand.
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 ...
The second quarter likely saw South Korea’s economy hitting its sharpest downturn in over two decades, a Reuters survey showed on Tuesday. This was mainly from the pandemic dragging the labor market, consumer spending, and global export ...
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