The average hourly labor costs in the EU economy were 26.80 EUR in 2017, varying widely from 4.90 EUR in Bulgaria to 42.5 EUR in Denmark. The value includes agriculture and public administration, calculating all the costs for wages but also social charges paid by the employer. For the Eurozone the the labor costs in

New jobs in the US recorded the largest decline in March from the last six months. The US employers have created 103,000 jobs amid job cuts in construction and retail, informs the US Department of Labor. This is the lowest level since September and follows the increase in jobs by 326,000 in February. The jobs

The unemployment in the European Union (EU) dropped slightly in February on a monthly basis to a level of 7.1%. On an annual basis, there was a more pronounced decrease compared to 8.0% in February 2017, a difference of 0.9 percentage points. This is the lowest unemployment rate since September 2008. The unemployed in the

The unemployment in Bulgaria continues to decline in February on a monthly basis, reaching a level of 5.3%. This is the lowest unemployment rate since November 2008, according to Eurostat’s current seasonally adjusted data released on Wednesday. On an annual basis, there was an even more serious decline, with the rate of 6.2% in February

More than 3 million young people in the European Union have been in a college or university, but have stopped education at some point, according to Eurostat data for 2016. At the same time, more than 30 million young people graduated. The reasons for interruption of education are different. Nearly 25% prefer to work instead

France faces new strike that will begin today after railway employees protest against the government reform in the sector. The trade union announced a two-day strike every five days by the end of June. The state-owned railway company SNCF advises passengers not to travel by train from tonight to Thursday morning as the strike will

The UK construction industry is urging the government to keep workers from EU member states in the country. The call comes after a new study finds that companies currently employing EU workers can not cope without them and think they are good employees. The survey among managers of small and medium-sized construction enterprises found that

The countries of Europe and Central Asia have made progress in terms of gender equality. Over the last two years, 15 legislative reforms aimed at improving the economic integration of women have been implemented in the region, shows the latest Word Bank report entitled “Women, Business and Legislation 2018”. However, countries in the region are

The average Wall Street bonuses amounted to 184,220 USD in 2017, in addition to the otherwise lush annual salary. This amount is more than three times the average household income in the US. The Wall Street bonuses rose by 17%, this was the second consecutive year with a rapid increase. In this way bonuses are

The number of jobs in the financial sector that will leave Britain after Brexit has fallen by half compared to the latest six months. According to the latest data, 5000 jobs will be moved from the UK or created outside the country. At the same time, Paris became the most popular city to establish financial