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unemployment
ECONOMIC CRISIS
US unemployment rate jumps to over 10% in October
The unemployment rate in the United States for October rose to 10.2 %, its highest level in 25 year according to the Department of Labor. The monthly data was worse than expectations, with forecasters expecting a 10% jobless rate.
USA
Senate approves more jobless benefits
With jobless numbers soaring, the US Senate voted to extend unemployment benefits and expand a tax credit for homebuyers. The measure goes to the House of Representatives, where it will likely be approved and sent to President Obama to sign into law.
discrimination - Hungary - unemployment
Hungary's Roma, still second-class citizens?
Around 800,000 Roma live in Hungary, accounting for nearly 9% of the population. Twenty years after the end of communism and half way through a plan to help them integrate, the country's Roma are still largely ostracised and discriminated against.
GERMANY
Surprise unemployment drop greets Merkel on first day in office
The German Federal Labour Agency has announced that the unemployment rate fell to 7.7 % in October, an unexpected improvement on the 8% figure in September. Analysts had expected the number of jobless people to rise by 15,000.
financial crisis - New York - unemployment - US economy - USA
New York's slow recovery
New Yorkers are used to working hard. But with unemployment nearly doubling over the last year, many find they’re working harder than ever to keep their job, or just to find one.
INDIA
Ruling party faces electoral test in state polls
Three Indian states - including the wealthy western state of Maharashtra, where India’s financial capital Mumbai is located - go to the polls Tuesday in a critical test for the country’s ruling Congress party.
GERMANY
Analysts cautious amid surprise dip in jobless rate
Germany's unemployment rate has dipped from 8.3% to 8.0% in September as the German economy emerges from its worst recession since World War II, but analysts warn of new increases in coming months.
FRANCE
Sarkozy reaches out to disillusioned youth
French President Nicolas Sarkozy is in the former papal town of Avignon on Tuesday to unveil a plan aimed at improving the lives of 16 to 25 year-olds, a segment of the population that remains far from loyal to his right-leaning UMP party.
FRANCE
Govt minister sees hike in unemployment rate for August
About 40,000 French workers joined the ranks of the jobless in August, Employment Minister Xavier Darcos said Thursday ahead of the release of the latest unemployment data.
AUTO INDUSTRY
Jaguar to close one of its UK factories
Carmaker Jaguar Land Rover is set to close the doors of one of its factories in central England over the next decade. Jaguar's owner, Tata Motors, has said that they will create 800 jobs elsewhere in the UK.
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