Unemployment rate reaches 5.8% in Germany; lowest in 25 years

Unemployment rate reaches 5.8% in Germany; lowest in 25 years

The number of unemployed in Germany fell by a seasonally adjusted 13,000 from a month earlier to 2.54 million, a report from the Federal Employment Agency of Germany alerts. The newly released figure is the worst in 25 years, since the reunification of the country. The government agency had foretasted for a drop of 1,000 […]

Jobless rate in Spain falls below 20% for first time in six years

Jobless rate in Spain falls below 20% for first time in six years

Spain’s official unemployment rate has fallen below 20% for the first time in six years. Figures from the National Statistics Institute (INE) for the third quarter put joblessness at 18.91%. More than one in five of the country’s population was unemployed for the last 40 years. Reducing unemployment from its peak of almost 27% has […]