Big changes to Eurozone unemployment numbers paint favorable picture - ING
02.12.2020, 11:19

Big changes to Eurozone unemployment numbers paint favorable picture - ING

Bert Colijn, a Senior Economist at ING, notes that big revisions to Eurozone jobs data show that unemployment peaked in July and has since been trending downwards.

"Today’s Eurozone unemployment data show massive revisions for the last few months which reveals a declining unemployment rate since July, instead of an upward inclining trend. The peak was seen in July at 8.7%, moving down to 8.4% in October."

"The largest changes to the data came from France where the July rate was revised up from 6.6% in September to 9.4% now. German data remained unchanged, while Spain and Italy also saw a change in trend for recent months, although smaller than France. The differences may relate to definition issues related to short-time work, which muddies the waters about who is employed and who isn’t."

"The unemployment rate remains a crucial unknown in the outlook for 2021. While the harm done so far seems to be incredibly mild given the scale of the crisis, short-time work schemes still mask some of the harsh labour market realities. Therefore, it seems unlikely that eurozone unemployment will hit double-digits with the start of the recovery around the corner thanks to the quick progress made on vaccines. That brings some upside risk to the economic recovery for 2021 for the job market."

© 2000-2024. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik