SUBSCRIBERS
Faster than anticipated drop in Europe jobless rate points to reform success
Published Wed, Sep 21, 2016 · 09:50 PM
Frankfurt
EUROPEAN Central Bank (ECB) researchers have some welcome news for euro-area job seekers: Okun is back.
A drop in unemployment from a record high of 12.1 per cent in early 2013 to 10.1 per cent in April this year was faster than economists and policymakers anticipated, and the link between gross domestic product and employment seems now to be as strong as…
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Chinese tourists are again embracing international travel
Abu Dhabi raises US$5 billion with first eurobonds in three years
Thailand’s 500 billion baht handout aims to boost overall economy, not geared to poor: official
German business sentiment rises more than expected in April: Ifo
Indonesia’s central bank surprises with “pre-emptive” rate hike to cushion falling rupiah
Prabowo’s aide says Indonesia doesn’t need another rate hike