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Economy

Portugal: Unemployment hits its lowest level in more than two years

Unemployment was 6.2% in Portugal in January 2025, the lowest since October 2022.

Economy

German manufacturing woes continue to keep unemployment rate high

German unemployment stayed at the highest level since October 2020, as concerns about deindustrialisation and weaker demand continued to weigh on the economy.

Economy

UK wages receive a year-end boost as private sector remains robust

Pay growth was also supported by increases in public sector wages, including the wholesale, retail and hospitality sectors.

World News

National strike in Belgium against new government reforms

60,000 people demonstrated in Brussels against the new Belgian government's policies which affect pension reform, unemployment and hospital funding.

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Economy

Germany’s unemployment rate rises to highest level in almost a decade

A rise in the jobless rate is normal for this time of year, although the scale of the jump points to underlying economic weakness.

Economy

Jobless figures in EU and eurozone unchanged as growth stagnates

The unemployment rate for the EU as a whole was 5.9% in December 2024, up from 5.8% in November 2024 and down from 6.0% in December 2023, according to Eurostat, the EU's statistical office.

Economy

Spain's economy remains robust with jobless total lowest for 16+ years

Analysts expect Spain's economy to continue to recover in the coming months, despite being likely to stay vulnerable to the continuing effects of the Valencia floods, and with the possibility of tariffs being imposed on the EU by the US.

Europe in Motion

How many people were unemployed across EU in November 2024?

Although the EU unemployment rate remained stable in November 2024, women were more affected than men. Spain, France, and Germany recorded the highest numbers of unemployed individuals.

Economy

Euro area sees stable results for November jobless figures

While Spain and France saw some of the highest unemployment rates in November, Germany recorded the fewest number of people without jobs.

Economy

German unemployment rises less than expected in November

The number of unemployed people rose far less than expected this month, reflecting a resilience in the German labour market, despite a surge in job cuts recently by major companies such as Volkswagen and Schaeffler.

Economy

Irish economy likely to lag in 2024 as multinational sector declines

The European Commission expects the Irish economy to decline in 2024. However, growth is expected to pick up pace again in 2025, before stabilising in 2026.

Economy

French jobless total on the rise as concerns over growth continue

France has been dealing with increasing economic and political uncertainties, mainly arising from the snap elections back in June, which resulted in a hung parliament.

Europe in Motion

Eurozone jobless rates remain stable, latest Eurostat data shows

The eurozone unemployment rate stayed at 6.4% throughout June, July, and August, down 0.2% from August last year. However, Greece, Spain, and Sweden have the highest rates of unemployment.

Economy

Which European capital city is the best for finding a good job?

There is a huge gap in how local residents across Europe perceive their chances of finding a good job in their cities. Euronews Business takes a closer look at this and explores the possible reasons behind it.

Business

Eurozone jobless figure remains stable, according to latest data

The eurozone unemployment rate remained stable at 6.4% throughout June, July and August, and down 0.2% on August last year. Greece, Spain and Sweden have the highest rates of unemployment.

Economy

German unemployment unchanged but signals weak performance

The German labour market usually picks up in September after the summer, but unemployment decreased much less than usual this month.

Economy

OECD: Belgium needs to cut public spending to reduce debt and deficit

The debt keeps swelling and if no action is taken, the OECD warns, it could reach 200% of the GDP by 2050.

Economy

Growth in average pay in the UK eases to more than two-year low

Euronews Business looks at why growth in the UK’s average earnings, excluding bonuses, has fallen to its lowest level since June 2022, in the three months up to July.

Economy

UK jobs market sees worst month in more than a decade

The strength of the UK's jobs market fell for the 14th month in a row in August, according to accountant BDO.

Economy

How many people were unemployed across the EU and Eurozone in July?

Eurostat has released its latest data on the number of people without a job across the EU and Eurozone in July 2024.