Bulgarian civil servants receive the lowest salaries in the EU

July 23, 2018 10:32 amComments Off on Bulgarian civil servants receive the lowest salaries in the EU
Bulgarian civil servants receive the lowest salaries in the EU

About 16% of the EU employments in 2016 are civil servants, according to Eurostat data. The figures also show that the lowest wages of the sector are in Bulgaria. The Statistical Service notes that the share of civil servants in all EU workers remains stable – between 15% and 17% of total employment since 2000. Here are the state administration and other services at national, regional and local level, as […]

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Wage growth for British workers has slowed down to its worst pace in six months

July 17, 2018 1:32 pmComments Off on Wage growth for British workers has slowed down to its worst pace in six months
Wage growth for British workers has slowed down to its worst pace in six months

Wage growth for British workers has slowed down to its worst pace in six months despite the record employment, making it more difficult for the Central Bank (BoE) to decide whether to raise interest rates for the second time since the start of the global financial crisis. The average weekly payout grew by 2.5% yoy for the three months to May, losing momentum after rising by 2.6% over the previous […]

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Norwegian offshore oil workers continue their strike

12:46 pmComments Off on Norwegian offshore oil workers continue their strike
Norwegian offshore oil workers continue their strike

Norwegian offshore oil workers continue their strike in demand for better pay and retirement conditions. The heads of companies in this area, however, have not agreed to the demands of trade unions. The owners of the companies say that the trade unions do not understand the economic realities on the continental shelf of Norway. So far, workers’ protests, which began last week, have had very little effect on oil production […]

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US jobless claims fell with stronger than expected pace

July 13, 2018 1:11 pmComments Off on US jobless claims fell with stronger than expected pace
US jobless claims fell with stronger than expected pace

The US jobless claims fell during the last week with stronger than expected pace, continuing to stay close to the 49-year low reached two months ago. This is a sign of continued strong performance in the labor market the world’s leading economy. The US jobless claims for the week to July 7th dropped by 18,000 to 214,000, with an average forecast of financial markets at 225,000. However, jobless claims remain […]

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The US economy has created more jobs than expected in June

July 7, 2018 12:47 pmComments Off on The US economy has created more jobs than expected in June
The US economy has created more jobs than expected in June

The US unemployment rate in June stepped back from the 18-year low reached in May, while the new jobs rising more than expected, which is a signal to accelerate the growth of the world’s leading economy in the second quarter. The labor (excluding the agriculture sector) increased in June by 213,000 jobs, with the average earnings expectations on the financial markets slightly more modest by around 195,000, according to data […]

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