Spanish unemployment drops as recovery begins

Note: This section contains information in English only.
Source: Bloomberg Businessweek
© Scanpix/Reuters
Jobless rate in Spain slumped to 26% in the third quarter of this year, while economists predicted the unemployment rate to decrease to 26.1% from 26.3% three months earlier. Moreover, yesterday Bank of Spain economists said that country's economy grew for the first time in two years in July-September. Meanwhile, the jobless rate among young people in Spain is around 56%.
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Thu, 24 Oct 2013 12:47:04 GMT

French manufacturing activity falls despite positive outlook

Manufacturing activity in France, measured by the benchmark PMI Index, slumped to 49.4 points in October of the current year from 49.8 points a month earlier, while analysts expected the index to rise to 50.1 points. The reading over 50 points would indicate the increase in business activity. At the same time, activity in services sector continued to advance, as

Thu, 24 Oct 2013 11:30:06 GMT

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