Tag: Unemployment

• Wednesday, August 31st 2016 - 04:56 UTC

  Brazil's unemployment reaches 11.6% with an estimated 11.8 million jobless

  

  Brazil's unemployment rate rose to 11.6% in the three months through July the statistics agency IBGE said on Tuesday. Brazil's jobless rate has risen sharply from 6.5% at the end of 2014 as the country entered its worst recession in decades.

• Friday, August 26th 2016 - 07:01 UTC

  Macri claims Kirchnerism created 750.000 government jobs to hide a stagnant economy

  

  President Mauricio Macri expressed concern that Argentina's employment rate “barely exceeds” 40% and criticized previous administrations for creating 750,000 government jobs to hide what he said was its inability to grow the economy.

• Monday, January 27th 2014 - 19:26 UTC

  Coca Cola CEO warns youth unemployment is a great risk for social peace

  

  Unemployment among teens and young adults represents a huge global problem, says Muhtar Kent, CEO of Coca-Cola. In the United States, teenage unemployment totaled 20.2 percent in December and if the situation isn't addressed, the results could be devastating, the social peace and fabric of the world is in danger.

• Saturday, November 9th 2013 - 18:21 UTC

  US economy picking up: more jobs in October and 2.8% growth in third quarter

  

  The US economy added a better-than-expected 204,000 jobs in October, according to the latest figures from the Labor Department. There had been fears that the 16-day shutdown of government services last month could have hit jobs growth.

• Monday, September 23rd 2013 - 19:05 UTC

  Francis meets with unemployed and blasts the global economic system based on a “god called money”

  

  Francis has made one of his strongest attacks yet on the global economic system, saying it could no longer be based on a “god called money” and urged the unemployed to fight for work.

• Wednesday, May 22nd 2013 - 18:09 UTC

  Quarter of Italians edging the poverty line and most youngsters survive thanks to Mon and Dad

  

  One out of four Italians up to 40 years of age survive with the help of their parents, according to a report on “Youth and the crisis” released this week in Milan. Another report from the Italian national statistics institute (ISTAT) says millions of Italians have or are close to falling below the poverty line.

• Thursday, January 10th 2013 - 03:35 UTC

  How the Americas can secure much needed ‘game-changing’ global expansion in higher education

  

  By Anka Mulder - Over the next decade, it is estimated by the World Economic Forum (WEF) that the global economy will need to create some 600 million new jobs to preserve social cohesion, and ensure sustainable growth. In the midst of ongoing economic fragility across much of the world, this poses a monumental challenge, and will thus be one of the topics discussed at WEF annual meeting in Davos later this month.

• Tuesday, July 3rd 2012 - 02:16 UTC

  Euro zone unemployment reaches another record high in May

  

  Joblessness in the Euro zone rose to a new record high in May, pushed up by lay-offs in France, Spain and even stable Austria, as the several years long debt crisis continues to eat away at the currency bloc's fragile economy.

• Saturday, June 2nd 2012 - 02:49 UTC

  Euro zone unemployment hits a new record low: 17.4 million out of work

  

  Euro zone unemployment has hit a record high, and job losses are likely to keep climbing as the bloc's devastating debt crisis eats away at businesses' ability to hire workers while indebted governments continue to cut staff.

• Saturday, April 28th 2012 - 06:01 UTC

  Spain faces a “crisis of huge proportion” with “terrible figures”

  

  Spain's sickly economy faces a “crisis of huge proportions” said Foreign Minister Jose Manuel Garcia-Margallo as unemployment hit its highest level in two decades and Standard and Poor's weighed in with a two-notch downgrade of the government's debt.