China is being swept by a new kind of protest that is secretive, swift and difficult for the country’s Communist leaders to suppress. Tens of thousands of homebuyers are withholding mortgage payments on their unfinished homes, fearing real estate contractors are stealing their money. According to a Times report by author Ian Williams, mortgage defaults […]
Tag: Unemployment
ELSTAT: Unemployment dropped to 12.5% in May
Unemployment fell to 12.5% in May compared to 15.6% in May 2021 and the upwardly revised 12.6% in April 2022. In particular, and according to ELSTAT data, the employed amounted to 4,170,361 people, marking an increase of 228,355 people compared to May 2021 (+5.8%) and an increase of 53,362 people compared to April 2022 ( […]
UK unemployment unchanged at 3.8% in the quarter
UK unemployment was unchanged in the quarter to May, signaling that the country’s labor market remained tight even as economic growth slowed. The UK unemployment rate stood at 3.8% in the quarter, unchanged from the previous quarter, according to figures from the statistics office. Employment continued to rise, with the number of wage earners increasing […]
IOBE: Unemployment continued to decrease in April as well
Unemployment continued to decrease in April (yoy), due to an increase in employment, according to what is revealed in the monthly bulletin of developments in Industry from IOBE for the month of July. According to the bulletin, there was a slight decline in the economic climate in June, as a result of worsening expectations in […]
DYPA: Additional 6,500 positions for the long-term unemployed 55+ job program
“The significant increase in the jobs offered by the successful employment program for the long-term unemployed, aged 55-67,” approved the board of the Public Employment Service (DYPA), in the context of supporting the long-term unemployed and the continuous evaluation of active employment policies, according to a statement. As the Prime Minister, Kyriakos Mitsotakis, had announced […]
New fall in unemployment in the eurozone in May
Unemployment in the eurozone fell to a new record low in May as the economy continued to recover from the coronavirus pandemic, despite inflation exacerbated by Russia’s invasion of Ukraine and expected to slow growth. The European Union’s statistical office, Eurostat, said unemployment in the eurozone fell to 6.6% in May from a revised 6.7% […]
DYPA: The unemployed decreased by 8.56% in May
The unemployed fell by 86,719 people or 8.56% in May, to 926,444 compared to 1,013,163 in the corresponding period of the previous year, according to data announced by the Public Employment Service (DYPA). In particular, the total number of registered unemployed, based on the job search criteria (job seekers), for the month of May 2022, […]
K. Hatzidakis: ‘When unemployment falls, the position of employees strengthens’
He said that the application of the digital work card starts on July 1, which he characterized as a “digital tool, which is based on the absolute guarantee for the respect of working hours and overtime”, said from Heraklion who was present to attend the 6th Career Day of the Public Employment Service, the Minister […]
ELSTAT: At 13.8% the unemployment rate in the first quarter
Unemployment in Greece fell to 13.8% in the first quarter, from 17.2% in the first quarter of 2021. The corresponding percentage in the fourth quarter of 2021 was 13.2%. According to ELSTAT data, the number of employees amounted to 4,044,024 people, showing a decrease of 0.2%, compared to the previous quarter and an increase of […]
ELSTAT: Unemployment at 12.5% in April
Unemployment stood at 12.5% in April, down from 17.2% in April 2021 and from 12.6% in March 2022. According to ELSTAT data, the employees amounted to 4,123,634 people, recording an increase of 403,552 people compared to April 2021 (+ 10.8%) and a decrease of 41,072 people compared to March 2022 (-1, 0%). The unemployed amounted […]