Bloomberg German joblessness fell in May, adding to signs that the economy is starting to turn the page on the coronavirus pandemic as restrictions are loosened. The drop of 15,000 put the total number of unemployed at 2.74 million, keeping the rate at 6%, according to Federal Labour Agency. Germany’s infection rate has fallen sharply over the last five weeks ...

Bloomberg Canada’s labour market weakened for a second month amid widespread restrictions to control a third wave of Covid-19. The economy lost 68,000 jobs in May, Statistics Canada reported in Ottawa. That adds to the 207,100 positions lost in April. The unemployment rate rises to 8.2%, from 8.1%. Economists in a Bloomberg survey had predicted a loss of 25,000 jobs, ...

Bloomberg A bullish case is building for emerging-market stocks, which have trailed their developed-nation peers this year, with strategists saying the asset class is better positioned to benefit from a global reopening. There are already signs the gap is narrowing, with the MSCI Emerging Markets Index last month outperforming the MSCI World Index for the first time since January. Relatively ...