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COVID-19

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08 Jul
covid fund economy

OECD: Unemployment is projected to reach nearly 10% in OECD countries by the end of 2020 due to Covid-19

COVID-19 is causing activity to collapse and unemployment to soar. As the effects of the pandemic and containment measures hit OECD economies, millions of people have been unable to go to work, resulting in an exceptionally stark drop in activity and unprecedented job losses. Up to 10 times fewer hours were worked in some countries, […]

04 May
Covid19 unemployment rate

Covid-19: Euro area unemployment at 7.4% (March 2020)

In March 2020, the month when COVID-19 containment measures began to be widely introduced by Member States, the euro area seasonally-adjusted unemployment rate was 7.4%, up from 7.3% in February 2020. The EU unemployment rate was 6.6% in March 2020, up from 6.5% in February 2020. These figures are published by Eurostat, the statistical office […]

24 Apr
employment Eurostat

Unemployment rates in the EU regions ranged from 1.3% to 30.1% in 2019

Unemployment in the EU regions: In 2019, the year before COVID-19 containment measures were widely introduced by EU Member States, unemployment rates continued to vary widely across the NUTS 2 regions of the EU’s 27 Member States. Lowest rates The lowest rates were recorded in four Czech regions: Prague and Central Bohemia (both 1.3%), South-West […]

09 Jan
employment european union

Euro area unemployment at 7.5% (last figures by Eurostat)

The euro area (EA19) seasonally-adjusted unemployment rate was 7.5% in November 2019, stable compared with October 2019 and down from 7.9% in November 2018. This remains the lowest rate recorded in the euro area since July 2008. The EU28 unemployment rate was 6.3% in November 2019, stable compared with October 2019 and down from 6.6% […]

31 Oct
Eurostat

Euro area unemployment at 7.5% (Spain at 14.2%)

The euro area (EA19) seasonally-adjusted unemployment rate was 7.5% in September 2019, stable compared with August 2019 and down from 8.0% in September 2018. This is the lowest rate recorded in the euro area since July 2008, according to the figures published today (31 October) by Eurostat. The EU28 unemployment rate was 6.3% in September […]

01 Jul
unemployment rate may 2019 Eurostat

Euro area unemployment at 7.5% in May 2019 (Spain, the second highest unemployment rate)

The euro area (EA19) seasonally-adjusted unemployment rate was 7.5% in May 2019, down from 7.6% in April 2019 and from 8.3% in May 2018, according to the last figures releases by Eurostat. The highest unemployment rates were observed in Greece (18.1% in March 2019), Spain (13.6%) and Italy (9.9%). Key figures The euro area (EA19) […]

04 Jun
euro area unemployment

Euro area unemployment at 7.6% (Spain, 13,8%, one of the highest unemployment rate)

The euro area (EA19) seasonally-adjusted unemployment rate was 7.6% in April 2019, down from 7.7% in March 2019 and from 8.4% in April 2018. This is the lowest rate recorded in the euro area since August 2008. The EU28 unemployment rate was 6.4% in April 2019, stable compared with March 2019 and down from 7.0% […]

09 Jan
unemployment last figures Eurostat

Euro area unemployment at 7.9% (EU28 at 6.7%)

The euro area (EA19) seasonally-adjusted unemployment rate was 7.9% in November 2018, down from 8.0% in October 2018 and from 8.7% in November 2017. This is the lowest rate recorded in the euro area since October 2008, according to the figures released today by Eurostat. The EU28 unemployment rate was 6.7% in November 2018, stable […]

01 Oct

Eurostat: Euro area annual inflation up to 2.1% and Euro area unemployment at 8.1%

Euro area annual inflation is expected to be 2.1% in September 2018, up from 2.0% in August 2018, according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro area inflation, energy is expected to have the highest annual rate in September (9.5%, compared with […]

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Sincro’s blog is designed to provide daily information on labour, fiscal and economic news. We do not provide free advice nor do we answer personalized queries that come to us through the blog. If you need advice, do not hesitate to contact our Team of Experts to request a quote.

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