Tag: unemplyment

• Tuesday, January 21st 2020 - 06:34 UTC

  More than 470 million currently unemployed or underemployed, warns UN

  

  More than 470 million people worldwide are currently unemployed or underemployed, the UN said on Monday, warning that a lack of access to decent jobs was contributing to social unrest. The global unemployment rate has remained relatively stable over much of the past decade, according to the UN's International Labour Organization.

• Thursday, January 12th 2017 - 08:53 UTC

  Brexit uncertainty could lead to an exodus of 232.000 jobs from Britain, warns LSE

  

  UK’s powerhouse financial sector would face heightened risk and an exodus of 232,000 jobs without certainty over Britain’s Brexit deal, MPs in the House of Commons have heard. Xavier Rolet, chief executive of the London Stock Exchange Group (LSE), said two thirds of the job losses would be felt outside Greater London, with the blow coming as soon as the euro clearing operation leaves Britain’s shores.

• Saturday, June 15th 2013 - 04:06 UTC

  Greeks and Spaniards move north in growing numbers looking for jobs, says OECD

  

  Greeks and Spaniards are moving to northern Europe in growing numbers, the Organization for Economic Cooperation and Development (OECD) said this week, as soaring unemployment rates and fiscal austerity erode living standards in the south.

• Thursday, April 5th 2012 - 17:07 UTC

  Dragui confirms extraordinary long-term funding to financial system will continue

  

  European Central Bank President Mario Draghi dismissed a German-led push for the bank to start planning a retreat from emergency crisis-fighting, but stressed it was keeping a close eye on price pressures.

• Thursday, May 19th 2011 - 06:31 UTC

  Young Spaniards seeking jobs set up Egypt style protest in the heart of Madrid

  

  About 20,000 young people angry over high unemployment have spent the night camping in a famous square in Madrid as political protest grows. A big canvas roof was stretched across Puerta del Sol square, protesters brought mattresses and sleeping bags and volunteers distributed food.

• Saturday, April 2nd 2011 - 07:53 UTC

  US jobless rate drop for second month running could indicate inflection point

  

  US employment recorded a second straight month of solid gains in March and the jobless rate fell to a two-year low of 8.8%, (from 8.9% in February) marking a decisive shift in the labour market.

• Saturday, February 19th 2011 - 06:08 UTC

  Argentine economy expanded 9.1% in 2010, announces Cristina Kirchner

  

  President Cristina Fernandez de Kirchner announced Friday that Argentina’s economy is 2010 expanded 9.1% and unemployment in the fourth quarter experienced a further drop and now stands at a record low of 7.3%.

• Thursday, February 10th 2011 - 05:50 UTC

  Bernanke warns US job creation too weak and calls for budget discipline

  

  US unemployment remains too high for policymakers' comfort despite signs of strength in the economic recovery, Federal Reserve Chairman Ben Bernanke said. In testimony to the US House of Representatives' Budget Committee that largely echoed a speech he delivered last week, Bernanke also warned about the dangers of unsustainable budget deficits.

• Thursday, January 20th 2011 - 23:05 UTC

  Uruguayan Low Unemployment Causing Problems

  

  To have low unemployment is something most countries would be proud of and not moan about. However, in Uruguay unemployment is at an all-time low of 6.1% and is causing concern among economists, human resource companies and businesses, reports the BBC.