The number of registered unemployed in Spain declined to 10 years low

July 4, 2018 1:14 pmComments Off on The number of registered unemployed in Spain declined to 10 years low
The number of registered unemployed in Spain declined to 10 years low

The number of registered unemployed in Spain declined to 3.16 million in June, which is the lowest level since December 2008 and nearly 2 million under the peak reached in the midst of the economic crisis in February 2013. Spain, where unemployment is among the highest in the EU, sank into a near 5-year recession after the bubble in the construction sector burst in 2008 leaving millions of people out […]

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Italian government approved measures to support employment in the country

July 3, 2018 8:18 pmComments Off on Italian government approved measures to support employment in the country
Italian government approved measures to support employment in the country

The Italian government approved measures to support employment in the country, raising costs for job cuts and sanction subsidized companies that relocate their operations. The unemployment in Italy in May was 10.7%, compared to Eurozone average of 8.4%. “The Council of Ministers adopted a decree providing for the introduction of urgent measures in the name of the dignity of workers and companies”, says a communique of the Italian government. Measures […]

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Unemployment in Bulgaria declined slightly in May

2:17 pmComments Off on Unemployment in Bulgaria declined slightly in May
Unemployment in Bulgaria declined slightly in May

The unemployment in Bulgaria declined slightly in May. This shows data from the European Statistical Office Eurostat. According to the data, in the fifth month of the year the unemployment rate in the country was 5%, compared to 5.1% a month earlier. The decrease was higher on an annual basis – in May 2017 it was 6.2%. The data show that unemployed in the country were 166,000 people, compared to […]

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Unemployment rate in Germany has remained unchanged in June

July 1, 2018 12:21 pmComments Off on Unemployment rate in Germany has remained unchanged in June
Unemployment rate in Germany has remained unchanged in June

The unemployment rate in Germany has remained unchanged in June, as the labor market in the largest European economy has remained strong. The Federal Employment Agency said on Friday that unemployment was 5.2% this season, taking seasonal factors into account. Without them, the level has fallen to 5% in June, compared to 5.1% in May. Overall, this month there were 2.28 million people registered as unemployed, which is 40,000 less […]

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The US duties will result in loss of thousands of jobs in the auto industry

June 27, 2018 8:34 pmComments Off on The US duties will result in loss of thousands of jobs in the auto industry
The US duties will result in loss of thousands of jobs in the auto industry

Some of the major car makers have warned Donald Trump’s administration that the imposition of 25% on imported cars will result in the loss of hundreds of thousands of jobs in the automotive industry. Moreover, the prices of imported vehicles will rise sharply. The largest foreign car makers – Toyota, Volkswagen, BMW and Hyundai – said in a statement that the duties would harm both car companies and US consumers. […]

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