Seasonally adjusted unemployment in Germany declined to 3.4% in June 2018

July 31, 2018 8:02 pmComments Off on Seasonally adjusted unemployment in Germany declined to 3.4% in June 2018
Seasonally adjusted unemployment in Germany declined to 3.4% in June 2018

Seasonally adjusted unemployment in Germany declined to 3.4% in June 2018, compared to revised May data of 3.5%, approaching the 38-year low. The number of jobless remained unchanged at 1.49 million, with employment rising from 41.67 million in May to 41.69 million in June. The youth unemployment remains unchanged – 6.2% in July. This is the lowest level since April 1992. Separate Labor Office data show that the seasonally adjusted […]

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The EU unemployment remains unchanged in June 2018

7:30 pmComments Off on The EU unemployment remains unchanged in June 2018
The EU unemployment remains unchanged in June 2018

The EU unemployment remains unchanged in June 2018 at 6.9%. On an annual basis, however, it declined from 7.6% in June 2017, a difference of 0.7 percentage points. This is the lowest unemployment rate since May 2008. The unemployed in the region during the sixth month of the year were a total of 17.105 million people. The unemployment in the Eurozone also remained unchanged in June compared to May 2018 […]

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Unemployment in Bulgaria reached a record low level in June

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Unemployment in Bulgaria reached a record low level in June

The unemployment in Bulgaria reached a record low level in June – 4.8%, according to Eurostat’s latest seasonally adjusted data. This is the lowest level of unemployment in Bulgaria at least since January 2000. On an annual basis, there is a serious decline, with unemployment in June 2017 at 6.2%, which represents a decrease of 1.4%. The unemployed people in Bulgaria in the sixth month of the year were a […]

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European economy loses more than 2% per year due to inadequacies in employee skills

2:03 pmComments Off on European economy loses more than 2% per year due to inadequacies in employee skills
European economy loses more than 2% per year due to inadequacies in employee skills

The European economy is losing more than 2% per year of its productivity due to inadequacies in employee skills, according to a recent study commissioned by the European Economic and Social Committee. This means a loss of 0.80 EUR per hour. The situation will deteriorate further in the future due to demographic trends and ongoing technological development if no reforms are undertaken. According to the survey, companies in most European […]

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Poland import workers from the Philippines

1:33 pmComments Off on Poland import workers from the Philippines
Poland import workers from the Philippines

To tackle the increasingly acute labor shortage, Poland plans to “import” workers from the Philippines, according the Polish Ministry of Labor. “We are in the process of concluding an agreement and we hope in the autumn to be able to sign a preliminary contract with the Philippine authorities”, said the Deputy Minister of Labor Stanislaw Szwed. He explained that Warsaw expects a proposal from Manila. “Poland was chosen the Philippines […]

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