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The number of jobs in the US economy in July increased by 157 thousand people, the country's Ministry of Labor reported. July's growth has been the slowest since April this year. Analysts had expected an increase of 193 thousand jobs. In July, unemployment in the country fell from 4% to 3.9%, coinciding with the forecasts of experts. The average hourly earnings increased by 0.3% compared to the previous month and by 2.7% in annual terms and amounted to 27 dollars 5 cents. Both indicators also coincided with analysts' estimates. For the period from the beginning of the year to July, the number of employed in the US grew by an average of 215 thousand people per month. Compared with the same period last year, when the figure was 184 thousand, its growth accelerated.
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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