London Daily

Focus on the big picture.
Tuesday, Jun 02, 2026

La tasa de desempleo se elevó a 8,1% en los 19 países que utilizan el euro

Unemployment grows in Europe as pandemic rages

The unemployment rose in August for the fifth consecutive month in Europe, and is expected to further rise further amid concerns that government support programs can not keep afloat forever many businesses affected by the restrictions imposed because of the pandemic of COVID-19.
The unemployment rate rose to 8.1% in the 19 countries that use the euro, up from 8.0% in July, according to official statistics released Thursday. The number of people out of work increased by 251,000 during the month to a total of 13.2 million.

Although the unemployment rate in Europe remains subdued compared to strong increases in many other countries, economists predict that it could exceed 10% in the coming months as wage support programs expire. Due to new outbreaks and infections, many countries have again imposed restrictions on business and public life, measures that could be expanded and cause more layoffs.

European governments have approved billions of euros (dollars) in business assistance, establishing or strengthening programs to keep workers on the payroll. In the region's largest economy, Germany, some 3.7 million people continue in job-related support programs. With no clear end to the pandemic in sight, the government has expanded those programs through the end of 2021. One program pays more than 70% of salaries to employees whose hours were cut or lost their jobs. The European Central Bank is pumping 1.35 trillion euros ($ 1.57 trillion) into the economy.

Although that assistance has slowed the wave of unemployment, jobs continue to disappear. Companies in the most affected sectors, such as tourism, travel and restaurants, anticipate a long period of weakness and are therefore laying off workers.

In the center of the Portuguese capital Lisbon, 21-year-old Mary Lopes was fired from a restaurant and was not included in a layoff plan by her employer. She continues to await the unemployment documents. The restaurant he worked at closed in March. When it reopened, only a few employees were kept in their jobs, with more difficult conditions, and the rest were left without work.

I've been working since I was 16, Lopes said, I was a good waitress, I knew I was a very good waitress. So I don't understand this situation we're going through.

Her older colleagues, Anabela Santos, 48, and Carlos Silva, 69, said they barely cover their expenses with unemployment benefits. Santos paid five months of past due bills when she received her unemployment payment, and she sent resumes to many places. "I have not been able to find another job," he said.

It's an overdose of stress because we don't have a penny in our pocket, Silva said. They leave us without money after paying rent, water, electricity, and then we are suffering those 30 days until the next 28 of the month.

The pandemic is increasing unemployment around the world. Britain faces a sharp rise in unemployment, and the government plans to replace a severance support program with a more limited version by the end of October. Some economists expect the unemployment rate to double to 8% by the end of the year. The lack of progress in reaching a new trade agreement with the EU is likely to only complicate matters.

In the United States, the unemployment rate fell sharply in August to 8.4%, after a sharp increase at the beginning of the year. The United States, which has fewer labor market support programs, posted 14.7% unemployment in May, followed by a sharp decline as businesses and states reopened. The number of Americans applying for unemployment benefits for the first time declined last week to 837,000, which remains high, an indication that companies continue to cut jobs despite the interim recovery that began when states resumed economic activities.
Newsletter

Related Articles

0:00
0:00
Close
Japanese Technology Firm Fujitsu Launches Advanced Artificial Intelligence Tool for Corporate Disclosures
South Africa Officially Launches Nationwide Campaign for Highly Contested Local Government Elections
United Kingdom Commits Additional Funding for Unexploded Ordnance Clearance in Laos
Singapore Announces Stringent New Greenhouse Gas Regulations for Commercial Cooling Systems
Cambodia and Thailand Hold High-Level Border Security Talks at United Nations Headquarters
Myanmar Military Government and China Sign Major Agreement to Upgrade Media and Cultural Cooperation
Knife Attack at Swiss Train Station Leaves Three Injured in Suspected Act of Domestic Terrorism
Transnational Extortion Gang Threatens Canadian Police With Army of One Thousand Armed Operatives
Australia Imposes Forty-Two-Day Quarantine on Cruise Ship Passengers Following Deadly Hantavirus Outbreak
International Monetary Fund Unlocks Seven Hundred Million United States Dollars for Sri Lanka Following Economic Reforms
Australia Launches Record One Point Four Billion Dollar Lawsuit Against Chemical Giant 3M Over Contamination
China and Canada Foreign Ministers Meet in Ottawa in Effort to Stabilize Strained Diplomatic Ties
Indonesia Demands Urgent United Nations Security Council Reform Amid Escalating Global Conflicts
Extreme Weather Patterns Trigger Severe Drought in Madagascar and Destructive Flooding in East Africa
Indian State of Karnataka Faces Political Upheaval as Chief Minister Siddaramaiah Abruptly Resigns
Philippines and Japan Reaffirm Defense Ties as Crucial for Indo-Pacific Regional Stability
Norway Joins French Nuclear Deterrence Initiative in Major Shift for European Security Architecture
Global Critical Mineral Alliances Expand as Western Nations Move to Counter Chinese Supply Dominance
United States Imposes Fifty Percent Tariffs on Mexican Steel and Aluminum Ahead of Trade Pact Review
European Union and China Head Toward Major Trade Conflict Over Clean Technology Exports
United States Economic Growth Severely Downgraded to One Point Six Percent as Stagflation Fears Mount
World Health Organization Warns Central African Ebola Epidemic is Outpacing Containment Efforts
United States Treasury Department Conditions Sanctions Relief on Reopening of the Strait of Hormuz
Iranian Air Defenses Intercept and Destroy United States Military Drone Over Bushehr Province
Iranian Armed Forces Launch Ballistic Missiles Toward Unspecified Targets Prompting Regional Condemnation
United Nations Secretary-General Warns Global Order Facing Highest Level of Conflict Since 1945
Israel Issues Sweeping Evacuation Orders in Southern Lebanon Amid Intensified Hezbollah Conflict
Russia Announces Systemic Military Strikes Targeting Ukrainian Defense and Energy Infrastructure
United States and Iranian Negotiators Reach Draft Agreement to Extend Ceasefire and Resume Nuclear Talks
United Nations Security Council Deeply Divided Over United States Capture of Venezuelan President
US and Iran Exchange Direct Military Strikes Amid Fragile Gulf Ceasefire
World Health Organization Warns of Catastrophic Ebola Outbreak in DR Congo
Russia Threatens New Wave of Strikes on Ukrainian Infrastructure and Embassies
Scientists Warn Atlantic Ocean Currents Could Collapse Faster Than Projected
Anthropic Reaches $900 Billion Valuation in Historic AI Funding Round
Washington Imposes Crippling Sanctions on Iranian Maritime Authority
Japan and the Philippines Initiate Strategic Intelligence-Sharing Pact
Microsoft Deploys Autonomous Computer-Using AI Agents to Global Markets
Anthropic Secures $45 Billion Compute Infrastructure Agreement With SpaceX
U.S. Director of National Intelligence Resigns Amid Administration Shakeup
Micron Technology Crosses Trillion-Dollar Valuation Amid Unprecedented Hardware Demand
Canada and Germany Finalize Historic Long-Term LNG Export Agreement
China Expands International Travel Restrictions on Domestic AI Researchers
Japan Approves Sweeping Overhaul of National Intelligence Apparatus
Global Airlines Scramble Logistics as Middle East Airspace Remains Fractured
Japan's Naphtha Imports Plunge 47 Percent Amid Strait of Hormuz Closure
Global Crude Prices Retreat Below $96 as Gulf Tensions Momentarily Ease
Generative AI Outperforms Human Baselines in Landmark Global Creativity Study
NASA Partners With Private Aerospace to Unveil Permanent Lunar Base Architecture
South Korean Equity Markets Surge on Next-Generation Memory Chip Frenzy
×