Tag Archives: economy

Jobs increase by 4.8 million, unemployment rate by 11.1%

Nonfarm payrolls increased by 4.8 million in June and the unemployment rate fell to 11.1% as the United States continued to reopen the coronavirus pandemic, the Labor Department said Thursday. Economists surveyed by Dow Jones had expected an increase of 2.9 million and an unemployment rate of 12.4%. The report …

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The unemployment rate in the euro area rises to 7.4% in May

A protester at the picket line wears a written helmet without layoffs during a demonstration in Spain. SOPA Images The unemployment rate in the euro zone reached 7.4% in May, as the region is dealing with the Covid-19 economic shock. It comes after several European economies took their first steps …

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