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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.
Norway witnessed an uptick in its unemployment rate, which rose from 3.7% in November to 4.2% in December 2024. This data update was released on January 27, 2025, highlighting a noteworthy change in the country's employment scenario as the year closed.The increase of 0.5 percentage points suggests that the Norwegian labor market faced heightened challenges as 2024 waned. This development could be attributed to various economic factors impacting job availability or shifts in industry demands, although specific causes were not detailed in the latest figures.Stakeholders and analysts are likely to closely monitor these figures as they may signal emerging trends or potential challenges for the Norwegian economy in 2025. Efforts to address the rising unemployment rate are expected as the government and businesses work towards stabilizing and improving employment opportunities in the coming months.The material has been provided by InstaForex Company - www.instaforex.com
The country’s unemployment rate — or the proportion of the jobless to the labor force — is expected to drop by 2026, based on latest projections from the International Labour Organization’s (ILO) World Employment and Social Outlook: Trends 2025 report. The Philippines will be the sixth lowest in terms of unemployment rate among its peers […]
Spain's unemployment rate has experienced a substantial decrease, falling to 10.61% in the fourth quarter of 2024, according to the latest data updated on January 28, 2025. This marks a significant improvement from the previous rate of 11.21% recorded in the third quarter of 2024.The recent decline represents a beacon of hope for Spain's labor market, suggesting that the nation's economic strategies and policies may be proving effective in job creation and stability. Market analysts will be closely observing the sustainability of this downward trend in unemployment, as Spain continues to navigate complex economic landscapes both domestically and internationally.The reduction in unemployment could also lead to increased consumer confidence, likely spurring economic growth and spending in the upcoming months. As Spain enters the new fiscal cycle, these positive developments highlight a promising outlook for its economy, potentially setting the stage for continued recovery and prosperity.The material has been provided by InstaForex Company - www.instaforex.com
Hiring had slowed in the summer and the unemployment rate ticked up, leading Fed officials to approve an outsised half-point cut in September. Get more World News and Business News on Zee Business.