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Unemployment is a major concern for many countries around the world. A country's unemployment rate is the percentage of its labor force that is without work but actively seeking it. It is an important economic indicator, as it provides an insight into the overall health of an economy. Here you will find news, articles, and videos about unemployment rates from around the world.
In the period from February to April 2025, Hungary's unemployment rate slightly decreased to 4.4%, down from 4.5% during the same timeframe the previous year. The number of unemployed individuals decreased by 5,700 compared to a year ago, totaling 216,600. Among these, 118,500 were men and 98,100 were women. The jobless rate for both men and women remained mostly steady, at 4.6% for men and 4.3% for women. On average, job seekers spent 13.1 months searching for employment, with 44.1% having looked for less than 3 months, whereas 35% had been job hunting for a year or more. Concurrently, the number of employed individuals saw a decline of 31,700, reducing the total to 4.673 million. Employment among men decreased by 14,400, resulting in a workforce of 2.482 million, while employment among women dropped by 17,300, bringing their total to 2.191 million.The material has been provided by InstaForex Company - www.instaforex.com
According to the Federal Reserve Bank of New York, the college majors with the lowest unemployment rates for the calendar year 2023 were nutrition sciences, construction services, and animal/plant sciences. Each of these majors had unemployment rates of 1% or lower among college graduates ages 22 to 27. Art history had an unemployment rate of 3% […]
USD/CHF recovers its recent losses of over 0.50% registered in the previous session, trading around 0.8200 during the European hours on Thursday. The seasonally adjusted Swiss Unemployment Rate rose to 2.9% month-over-month in May, indicating a lack of expansion within the Swiss labor market.
In the US, the May Jobs Report is set to conclude an eventful week. We forecast nonfarm payrolls to increase by 130k, average hourly earnings rising at 0.3% m/m SA, and the unemployment rate to remain steady at 4.2%, aligning well with consensus.