Now playing Next Economy UK long-term sickness record rise fuels fears over economic growth Long-term sickness leads to a growing number of people who are neither working nor looking for a job, known as economically inactive. This poses a significant risk to economic growth. 11/06/2024
Now playing Next Economy Germany's jobless total climbs, staying close to 3-year highs Businesses in Germany are struggling with the cost of rehiring staff post-pandemic, with profit margins still hit by low revenues, higher inflation, interest rates, and a continuing high cost of living. 04/06/2024
Now playing Next Economy Eurozone unemployment plunges to record low of 6.4% in April Falling unemployment could point to a brightening European outlook, with the Euro Area economic sentiment improving as well. 30/05/2024
Now playing Next world news German retailer Galeria Karstadt Kaufhof reaches rescue milestone Creditors have approved a restructuring plan for the department store chain Galeria Karstadt Kaufhof, saving it from a break up. 29/05/2024
Now playing Next Economy French unemployment holds steady: Are Macron’s labour reforms working? Macron’s labour reforms have drawn criticism from all quarters, with claims that they are punitive to workers, while rewarding or cushioning companies. 17/05/2024
Now playing Next Business UK wage rates still strong despite slowing jobs market Official figures show wages in the UK have grown at a faster rate than expected. At the same time, the jobless rate increased to 4.3% between January and March, the highest since May to July last year. 14/05/2024
Now playing Next Economy Where in Europe was unemployment the lowest in March? Unemployment in the Eurozone remained at a record low of 6.5% in March, the same as February. 03/05/2024
Now playing Next Economy Why unemployment in Spain is rising and what's being done to cap it? The abundance of temporary contracts, as well as low productivity, have both contributed to unemployment levels spiking in the first quarter of the year. 26/04/2024
Now playing Next Greece Protesting Greeks show their anger at unemployment and low wages Thousands of people have demonstrated in Athens and Thessaloniki over rising unemployment and the cost of living. 17/04/2024
Now playing Next Economy S&P Global: These are the biggest risks ahead for the EU economy Uncertainty over sluggish productivity and high labour costs could draw back the economic output of the eurozone, global credit rating agency S&P said in its updated economic outlook. 26/03/2024
Now playing Next Economy Prices and social inequality top issues for European elections: Poll High prices and social inequalities are the main issues in the minds of voters, according to Euronews' exclusive poll. 23/03/2024
Now playing Next Economy Ukraine slashes interest rates to 14.5%, Finnish inflation slides Sweden and Spain also saw slowing inflation, helped by food and non-alcoholic beverage prices falling, as well as clothing and footwear prices. 14/03/2024
Now playing Next Economy US inflation rises more than expected in February The US inflation report in February 2024 exceeded expectations, signalling possible delays in anticipated Federal Reserve rate cuts. The Consumer Price Index rose by 3.2% year-on-year, with core inflation at 3.8%. 12/03/2024
Now playing Next Economy UK unemployment rises and wage growth cools Weakness in the job market suggests inflationary pressures are easing, although the Bank of England will likely remain cautious about rate cuts. 12/03/2024
Now playing Next Economy Germany's March consumer sentiment perks up, but France feels blue German income expectations have soared to a more-than two-year high, but French consumers remain worried about their standard of living. 27/02/2024
Now playing Next Economy Hungary sees steady but consistent rise in unemployment Hungary has seen a steady but consistent rise in unemployment since mid-2022, as it dealt with the fallout from economic crises triggered by the COVID-19 pandemic and the beginning of Russia's full-scale invasion of Ukraine. 23/02/2024
Now playing Next Economy Why is Spain struggling with increasing unemployment? Spain’s unemployment inched up by 2.2% (60,404 people) in January as the country continues to deal with lower productivity. 02/02/2024
Now playing Next Economy Employment surge as Spain sees 780,000 new jobs created in past year The latest economic data from Spain's government agency, the Instituto Nacional de Estadística, shows employment in the country has improved. 26/01/2024
Now playing Next India Thousands of Indians apply for jobs in Israel despite war The week-long recruitment drive began on Tuesday, with an Israeli expecting to fill over 5,000 positions for masons, carpenters and other construction workers in Israel. 25/01/2024
Now playing Next Economy Brexit: Here is how much it cost for the UK economy London Mayor Sadiq Khan calls on the UK government to "urgently build a closer relationship with the EU" after a new report reveals how much the UK economy is losing after leaving the EU. 12/01/2024