Unemployment in Eurozone Shows Signs of Increase
Unemployment in the eurozone has risen slightly from record lows in September, indicating that the labor market is starting to loosen. This comes as higher European Central Bank interest rates…
Concerns About the Future of the Economy
A recent survey of consumer sentiment reveals that Americans are expressing more concerns about the future of the economy, despite the sentiment hanging close to a two-year high in August.…
China’s GDP Grows by 4.8% in Q1, Exceeding Estimates, and Unemployment Hits a Record
(NBS) China’s economy grew by 4.8% in the first quarter from the prior year, surpassing estimates of 4.4% gain despite Covid-19 slowdowns. Most economic parameters beat estimates in the first…
Unemployment Falls by 0.1% in Both the Euro Area and EU in February
(Eurostat) The rate of unemployment was 6.8% in the euro area in February 2022, from 6.9% the previous month. The rate is below 8.2% in the prior year. In the…
Euro Area, EU Unemployment Edges Lower in January
(Eurostat) The euro area unemployment rate was 6.8% in January, declining from 7.0% in the previous month, and 8.3% in the comparable month of 2021. In the EU, unemployment was…
UK Unemployment Edges 0.2% Down as Labor Market Recoveries Continue
(ONS) UK unemployment rate during the October to December 2021 period was estimated at 4.1%, a decline of 0.2% from the previous quarter. Following the decline, unemployment is now only…
Euro Area and EU Unemployment Falls in November
(Eurostat) Euro area unemployment was at 7.2% in November, below 7.3% posted the previous month. The unemployment rate was also below 8.1% in the prior year. In the EU, unemployment…
Word NFP - Non Farm Payrolls - acronym concept on cubes and diagrams on a gray background. Business as usual concept image.
Nonfarm Payrolls Rise by 531,000 in October as Unemployment Edges Lower
(BLS) US nonfarm payroll employment increased by 531,000 in October, while the unemployment rate shed 0.2% to 4.6% in the latest sign of labor market recovery. The number of unemployed…
Unemployment Falls to 7.5% In the Euro Area and 6.8% In the EU in August
(Eurostat) Euro area posted an unemployment rate of 7.5% in August 2021, a decline from 7.6% in July and 8.6% in August last year. EU’s unemployment was 6.8%, a decline…
UK Unemployment Dips to a Better than Expected 4.7% Between April-June
(Office for National Statistics) The UK recorded a lower unemployment rate of 4.7% between April and June quarter, down 0.2% from the previous quarter, and better than expected 4.8%. The…
U.S. Unemployment Situation
September’s nonfarm payroll employment increased by 661,000 compared, while unemployment rate fell by 0.5% to 7.9%, according to press release. Resumption of economic activity, previously halted by pandemic led to…