European Union aims to decrease youth unemployment within 2 years

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Source: RTT News
European Union leaders vowed to push down the region's high level of youth unemployment in a horizon of two years, at the same time the aim is to provide more jobs for young people within the EU, Jose Manuel Barroso said during European leaders meeting in Paris on Tuesday. According to Eurostat, youth jobless rate in EU28 stayed at 23.5 in September, while in the EU17 the rate recorded a level of 24.1%.

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Wed, 13 Nov 2013 11:39:08 GMT

South Korea's jobless rate stays stable in October

The South Korean unemployment rate stayed unchanged in the month of October matching initial expectations despite more jobs created in the country, a report published by Statistics Korea revealed on Wednesday. The report showed that jobless rate gained from 2.7% in September to 2.8% in the following month, while the 15-29 age group unemployment rate rose from 7.7% to 7.8%

Wed, 13 Nov 2013 11:17:22 GMT

OECD economy is set to slightly expand next months

The performance of economy in the Organization for Economic Co-operation and Development area is likely to record a stable growth in the coming months, a survey released by the organization showed on Tuesday. According to the report, the OECD's leading economic indicator rose 0.07% on a sequential basis to 100.7 in September, while on an annual basis it advanced 0.97%

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