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For the period from June to August, unemployment in the UK, calculated according to the methods of the International Labor Organization, dropped to 4% from 4.2% in the previous three months, statistics from ONS showed. The index in June-August, as well as in May-July, became the lowest since February 1975. During this period, the number of unemployed in the country amounted to 1 million 360 thousand people, a decrease of 47 thousand. The employment rate of 75.5% over the three months decreased by 0.2 percentage points and grew over the year by 0.4 percentage points. The average salary per week, which does not take into account bonuses, but taking into account bonuses, has increased at a record pace since the beginning of 2009 by 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 ...
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 ...
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 ...
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