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Greece’s unemployment hikes by 2% in July

ATHENS: A 2 percent increase was recorded in unemployment registrations for July compared to the previous month by the Greek Manpower Employment Organization (OAED). The total number of people out of work numbered 952,550. As demonstrated by the Ergani database, which records employment flows, the imposition of capital controls proved detrimental to the balance of the Greek labor market in ... Read More »

UK unemployment in April to June period remains 1.85m, up 25,000 from previous quarter

LONDON: UK unemployment in the April to June period was 1.85 million, up 25,000 from the previous quarter. The jobless total had also risen in the three months to May, and it is the first time in two years that there have been two consecutive rises. The Office for National Statistics (ONS) figures also indicated that earnings growth is slowing. ... Read More »

Spain unemployment declines 70,028 sharply in July

MADRID: Spain’s unemployment logged its biggest drop for July since 1998, data from the labor ministry showed Tuesday. The number of registered unemployed declined 74,028 in July. This was the sixth consecutive decrease in unemployment. Compared to the previous year, unemployment decreased 373,584 in July, the largest annual reduction in historical series, the ministry said. Unemployment among youth aged below ... Read More »

Norway unemployment reaches highest level in more than 4 years

OSLO: If Norway’s central bank is consistent, it will cut rates at its next meeting. That’s what it’s done every time unemployment rose as much as it did this month. Unemployment at 3.1 percent probably wouldn’t ruffle the feathers of policy makers in the U.S., Greece, Spain (or countless struggling economies). But we’re talking about a nation of 5.2 million ... Read More »

Finland’s Unemployment rate rises to 10% in June 2015

HELSINKI: The unemployment rate stood at 10 per cent in June 2015, having been 9.2 per cent in the year before, according to Statistics Finland’s Labour Force Survey. There were 280,000 unemployed persons in the month. The number of unemployed persons was 22,000 higher than one year ago, the data show. There were 35,000 fewer employed than in June of ... Read More »

Polish Unemployment rate at 10.3% in June

WARSAW: Poland’s unemployment rate stood at 10.3 percent at the end of June compared with 10.8 percent a month before, the Central Statistical Office (GUS) informed. In June 2014, the unemployment amounted to 12 percent. The number of the registered unemployed totaled 1.622 million people, lower by 78,000 than at the end of April. Read More »

Finnsih unemployment rate rises to 10% in June

HELSINKI: The unemployment rate stood at 10 per cent in June 2015, having been 9.2 per cent in the year before, according to Statistics Finland’s Labour Force Survey. There were 280,000 unemployed persons in the month. The number of unemployed persons was 22,000 higher than one year ago, the data show. There were 35,000 fewer employed than in June of ... Read More »

UK unemployment rises for first time in 2 years

LONDON: The UK unemployment total has risen for the first time in two years, according to the Office for National Statistics. The ONS said 1.85 million people were unemployed in the March-to-May period, an increase of 15,000 from the previous quarter, with the jobless rate at 5.6%. The ONS also showed that the pace of pay rises continued to pick ... Read More »

Poland’s unemployment rate drops to 10.4pct in June

WARSAW: Poland’s unemployment rate in June likely declined to 10.4% from 10.8% in May and is in for hitting a single-digit level in a month or two, Labor Minister Wladyslaw Kosiniak-Kamysz told a news conference. “Everything indicates that within a month or two unemployment rate will decline to a single-digit level,” Kosiniak-Kamysz said. “We are pleased that not only the ... Read More »

Poland’s unemployment rate drops to 10.4% in June

WARSAW: Poland’s unemployment rate in June likely declined to 10.4% from 10.8% in May and is in for hitting a single-digit level in a month or two, Labor Minister Wladyslaw Kosiniak-Kamysz told a news conference. “Everything indicates that within a month or two unemployment rate will decline to a single-digit level,” Kosiniak-Kamysz said. “We are pleased that not only the ... Read More »

Finnish Unemployment rate rises to 11.8% in May 2015

HELSINKI: The unemployment rate in May this year was 11.8 per cent, which was 10.7 per cent in the corresponding month of last year, according to Statistics Finland’s Labour Force Survey. The number of unemployed persons in May was 324,000, which was 28,000 higher than one year ago. There were 27,000 fewer employed than in May of the previous year, ... Read More »

French unemployment figures rise to historic high of 3.53m people in April

PARIS: Despite some modest signs of economic recovery, French unemployment figures climbed to a historic high of 3.53 million people in April, according to official figures released. Unemployment rose by 0.7 percent in April, meaning an additional 26,200 people joined jobless queues, France’s labour ministry revealed. Labour Minister François Rebsamen announced that the government would offer 100,000 new subsidised work ... Read More »

Spanish Unemployment reduces by 0.1% to 11.1% in April 2015

MADRID: The statistics agency Eurostat reports that the unemployment rate in the EU dropped by 0.1% to 11.1% in April, the lowest level recorded since March 2012, representing a decrease in real terms of 126,000 people Reduced unemployment in Spain contributes to EU improvementduring the month. At the same time an unemployment rate of 9.7% is reported in the Eurozone, ... Read More »

French unemployment figures rise to historic high of 3.53m people in April

PARIS: Despite some modest signs of economic recovery, French unemployment figures climbed to a historic high of 3.53 million people in April, according to official figures released. Unemployment rose by 0.7 percent in April, meaning an additional 26,200 people joined jobless queues, France’s labour ministry revealed. Labour Minister François Rebsamen announced that the government would offer 100,000 new subsidised work ... Read More »

Portugal’s unemployment down1.6% in April 2015

LISBON: According to the monthly estimate released on Tuesday by the Portuguese National Statistics Institute (INE).The unemployment rate in Portugal in April was 0.2 percentage points lower than in March at 13%, The statistics office said that there were an estimated 667,800 people out of work in the country which is 1.6% fewer than the definitive number for March (-10,700). ... Read More »

Eurozone unemployment rate falls to 11.1% in April 2015

HELSINKI: The seasonally-adjusted unemployment rate in the 19-member eurozone was 11.1 percent in April 2015, down from the 11.2 percent in March 2015 and the 11.7 percent in April 2014, the European Union (EU) said Wednesday. Meanwhile, the unemployment rate in the 28-member EU was 9.7 percent in April 2015, same as the previous month and lower than the 10.3 ... Read More »

Portugal’s unemployment down1.6% in April 2015

LISBON: According to the monthly estimate released on Tuesday by the Portuguese National Statistics Institute (INE).The unemployment rate in Portugal in April was 0.2 percentage points lower than in March at 13%, The statistics office said that there were an estimated 667,800 people out of work in the country which is 1.6% fewer than the definitive number for March (-10,700). ... Read More »

Polish unemployment decline by 11.2% in April 2015

WARSAW: Poland’s registered unemployment rate edged down to 11.2% in April from the prior-month level of 11.7%, according to Central Statistics Office (GUS) figures released Tuesday. The number of registered jobless at end-April measured 1.782 million. The number of new registrations measured 175,000, down from 187,600 in March. At the same time, 253,500 were crossed off the register. Employers filed ... Read More »

Finland’s unemployment over 9.0% to 280,000 persons jobless in April 2015

HELSINKI: The number of unemployed persons in April 2015 was 280,000, which was 39,000 higher than the corresponding period one year ago with the unemployment rate being 10.3 per cent, according to Statistics Finland’s Labour Force Survey. The unemployment rate in April of the year before was, however, 9.0 per cent. The number of persons in the inactive population was ... Read More »

Finnish unemployment rate increases to 10.3% to 280,000

HELSINKI: The number of unemployed persons in April 2015 was 280,000, which was 39,000 higher than the corresponding period one year ago with the unemployment rate being 10.3 per cent, according to Statistics Finland’s Labour Force Survey. The unemployment rate in April of the year before was, however, 9.0 per cent. The number of persons in the inactive population was ... Read More »