
China sees higher risk of mass unemployment, pledges more support
China’s cabinet said on Wednesday that risks of mass unemployment in some regions and sectors have increased and pledged more fiscal and monetary policy support to address the potential rise in the jobless rate.
Greek unemployment steady in January, still euro zone’s highest
Greece’s jobless rate remained unchanged at 23.5 percent in January from the previous month, statistics agency ELSTAT said on Thursday.
ILO: Global unemployment expected to rise by 3.4 million in 2017
The global unemployment rate is expected to rise modestly from 5.7 to 5.8 per cent in 2017 representing an increase of 3.4 million in the number of jobless people, a new ILO report shows.
Euro-Area Unemployment at 7-Year Low as Recovery Proceeds
Euro-area unemployment unexpectedly declined in October to the lowest level in more than seven years, signaling that companies are confident in the region’s slow but steady recovery.