Tagged: unemployment

South Africa’s outlook for growth weakens

The South African economy, the second-largest on the continent after Nigeria, is struggling amid low commodity prices, power shortages, currency volatility, weak consumer and business confidence and a slowdown in China, South Africa’s largest...

America returns to stronger job growth

US employers created 280,000 jobs in May, while the unemployment rate rose slightly to 5.5 per cent from 5.4 per cent in April, according to a non-farm payrolls report from the Bureau of Labor...

Britain’s employment rate climbs to a record high

The unemployment rate in the United Kingdom fell to 5.5 per cent in the three months through March, the lowest level since 2008, according to the Office for National Statistics. The joblessness declines as...

world economy

Spain’s labour market shows signs of improvement.

Spain’s unemployment fell to 23.8 per cent in the first quarter of 2015 from 25.9 per cent in the same quarter a year earlier, according to figures from the National Statistics Institute (INE). More than...

Greece’s unemployment falls to 25.7 per cent

Greece’s unemployment rate dropped to 25.7 per cent in January from a revised 25.9 per cent in the previous month, according to the Athens-based Hellenic Statistical Authority. Separate data showed that industrial production increased...