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Unemployment

Youth unemployment, Europe’s unshakeable challenge

BRUSSELS: Europe’s economy is thriving on the back of decade-high growth, the latest official data suggests, with rising consumer demand and an overall unemployment figure that, month after month, keeps falling. But lurking behind this positive picture of a European recovery on the march is youth unemployment, the joblessness of the under 25s that since the crushing recession of the eurozone debt crisis has become an economic scourge that Europe cannot shake. In 2017, the picture remained stark. The unemployment level…

Nine dead as fresh protests hit Iran

TEHRAN: Nine people were killed overnight in unrest related to protests in the Isfahan region of central Iran, the state broadcaster reported on Tuesday. Six protesters were killed in clashes with security forces as they tried to storm a police station in the town of Qahderijan, which has a population of around 30,000. A member of the Revolutionary Guards was killed in nearby Kahriz Sang, and a passer-by in the town of Kahriz Sang -- all in the region around the cultural centre of Isfahan. Around 100 people were…

UK unemployment hits new 42-year low

LONDON: Britain's unemployment rate has fallen to a new 42-year low, official data showed on Wednesday, but wages growth remains far below overall inflation. The unemployment rate fell to 4.3 percent in the quarter through to the end of July, reaching the lowest level since 1975, the Office for National Statistics (ONS) said in a statement. It had stood at 4.4 percent in the three months to June. Employment reached a new record high of 32.1 million workers, as the number of people in jobs increased by 181,000 in the…