Tag Archives: unemployment

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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A projected increase in U.S. job growth for June may not last

WASHINGTON (AP) – American employers likely re-hired several million more workers in June, thus reducing the unemployment rate to the depression level, but the most up-to-date data suggests that a resurgent coronavirus will limit more earnings. Economists have forecast that businesses, governments and nonprofits added 3 million jobs, a record, …

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