Saudi Arabia awarded hosting rights for the 6th UN World Data Forum 2026    Saudi national football team begins training in Jakarta ahead of Indonesia match    SAR chief: Special program to localize railway industry to be announced next week    Saudi-French Ministerial Committee agree to work together to upgrade bilateral partnership for AlUla    Saudi Arabia bans commercial use of symbols and logos of other countries    Israeli airstrikes target Beirut's southern suburbs    Fire at hospital in India kills 10 infants; investigation underway    Xi Jinping: Efforts to block economic cooperation are 'backpedaling'    Residents of several towns in Victoria, Australia ordered to evacuate due to bushfires    Several US states move to eliminate high school graduation exam requirements    Jake Paul defeats Mike Tyson in lackluster showdown at Dallas Cowboys' home    Spectacular opening of the 2024 Thailand International Mega Fair in Riyadh    Mike Tyson slaps Jake Paul during final face-off    South Africa's Mia le Roux pulls out of Miss Universe pageant    Questions raised over Portugal's capacity to host Europe's largest annual tech event    Riyadh lights up as Celine Dion and Jennifer Lopez dazzle at Elie Saab's 45th-anniversary celebration    Saudi Arabia's inflation rate hits 1.9% in October, the highest in 14 months    Australia and Saudi Arabia settle for goalless draw in AFC Asian Qualifiers    Order vs. Morality: Lessons from New York's 1977 Blackout    South Korean actor Song Jae Lim found dead at 39    Don't sit on the toilet for more than 10 minutes, doctors warn    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



EU unemployment stable at 8 percent, growth up in 2Q
Published in Saudi Press Agency on 01 - 09 - 2006


Unemployment in the European
Union was unchanged at 8 percent in July despite economic
growth of 0.9 percent in the second quarter, AP quoted a statement released Friday by the EU's statistics office.
The jobless rate represented a fall from 8.7 percent in
July 2005.
Eurostat said the 0.9 percent second-quarter growth rate
in the 25-nation bloc compared to 0.7 in the U.S. and 0.2
percent in Japan.
Still, Europe's unemployment rate continues to lag behind
that of its trading partners with the U.S. registering 4.8
percent out of work in July and Japan 4.1 percent.
Poland, with 15 percent, had the EU's highest jobless
rate, followed by Slovakia with 14 percent. Other new EU
members saw significant falls in unemployment over the
year. Estonia's rate fell to 4.2 percent from 7.6 percent
since July 2005, and Lithuania's from 8 percent to 5.5
percent.
Over the year, the EU economy grew by 2.8 percent from the
second quarter of 2005. In the 12-nation euro currency
zone, second quarter growth was also 0.9 percent,
representing a 2.6 percent rise.
First quarter growth this year was 0.8 percent in the EU
and the euro-zone.


Clic here to read the story from its source.