Tag: Unemployment

• Friday, December 2nd 2011 - 15:38 UTC

  Spanish regions pledge to control spending; unemployment reaches 21.52%

  

  Leaders of Spain’s indebted autonomous regions pledged on Thursday to control spending after meeting incoming Prime Minister Mariano Rajoy to discuss their troubled accounts, which are at the heart of the country’s economic crisis.

• Tuesday, November 29th 2011 - 06:01 UTC

  Spain no longer wonderland: in 2011 more people are leaving than arriving

  

  For the first time since data is recorded the number of people leaving Spain in search of better opportunities will be higher in 2011 than those incoming, according to the country’s stats office, INE.

• Tuesday, November 8th 2011 - 07:58 UTC

  Rousseff warns about global unemployment; calls for plans to generate jobs

  

  Brazilian President Dilma Rousseff addressing the results of the G20 summit in Cannes, where Brazil was one of the countries represented said that job creation is a way to tackle economic crises.

• Monday, October 31st 2011 - 20:16 UTC

  Over 23 million Europeans unemployed; inflation reaches 3% in October

  

  Over 23 million are unemployed in the 27 countries of the Euro zone, the statistical office of the European Union Eurostat informed Monday.

• Friday, October 28th 2011 - 16:19 UTC

  Record unemployment in Spain hits 21.5% with five million out of a job

  

  Spain's unemployment hit a 15-year high in the third quarter with little hope new jobs will be created any time soon by a battered economy that remains at the forefront of investor concerns about Europe's debt commitments.

• Friday, October 14th 2011 - 02:58 UTC

  S&P downgrades Spain’s credit rating on incomplete labour market reforms

  

  Ratings agency Standard and Poor's downgraded the long-term credit rating of Spain by one notch, knocking the Euro down by a third of US cent as it followed hard on the heels of a similar downgrade by Fitch last week.

• Wednesday, October 12th 2011 - 21:30 UTC

  UK unemployment at its highest since 1994 reaches 2.57 million

  

  Unemployment in Britain has jumped to its highest level since 1994, with young people hit hardest as private companies fail to make up for job losses in the public sector, piling pressure on the government to boost a stagnant economy.

• Wednesday, October 5th 2011 - 08:26 UTC

  Anaemic Spain: no end in sight for soaring unemployment

  

  The number of people filing for unemployment benefits in Spain shot up by nearly 100,000 in September, a surprisingly big increase even in a month that tends to be bad for workers as vacation season contracts expires.

• Thursday, September 29th 2011 - 16:31 UTC

  US jobs and GDP stats still poor, but not as bad as previously estimated

  

  US new unemployment benefit claims fell to a five-month low last week, while the economy grew slightly more than previously reported in the second quarter, according to data from the Labour Department.

• Wednesday, September 14th 2011 - 03:11 UTC

  Developed countries fail to cut unemployment; Euro zone rate stands at 10%

  

  Developed countries are failing to cut unemployment, according to figures released this week by the Organization for Economic Cooperation and Development (OECD). July’s figures show unemployment at 8.2% for the 34-country group – unchanged for five consecutive months.The Euro zone is faring even worse, with unemployment sticking at 10%.