jobless rate

U.S. jobless rate drops to 8.1% as people give up searching for work


September 8th, 2012 - 8:26 pm ICT by BNO News
WASHINGTON, D.C. (BNO NEWS) -- With employers in the United States adding just 96,000 jobs last month, the national unemployment rate dropped to 8.1 percent as nearly four times as many people ... Read more...

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60 mn below poverty line in Mexico by yearend


September 6th, 2012 - 12:07 pm ICT by IANS
Mexico City, Sep 6 (IANS/EFE) Underemployment, inflation and other factors have eroded the income level of some 31 million Mexicans, and by the end of this year there will be ... Read more...

Posted in Business |

Bernanke hints at moves to aid US labour market, recovery


September 1st, 2012 - 2:52 pm ICT by IANS
Washington, Sep 1 (IANS) US Federal Reserve Chairman Ben Bernanke has hinted that the central bank might provide further monetary easing steps to improve the US labour market and broader ... Read more...

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Spanish economy shrinks


August 29th, 2012 - 11:23 am ICT by IANS
Madrid, Aug 29 (IANS/EFE) The Spanish economy shrank 0.4 percent in the second quarter after a contraction of 0.3 percent in the first three months of the year, the National ... Read more...

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Downward revision of Spain’s GDP data


August 28th, 2012 - 12:23 pm ICT by IANS
Madrid, Aug 28 (IANS/EFE) The Spanish economy grew by 0.4 percent last year, less than the initial estimate of 0.7 percent, the National Statistics Institute, or INE, said.The INE also ... Read more...

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Bankruptcies remain at record level in Spain


August 7th, 2012 - 1:23 pm ICT by IANS
Madrid, Aug 7 (IANS/EFE) A record 2,272 Spanish individuals and firms declared bankruptcy in the second quarter, up 28.6 percent from the same period in 2011, the National Statistics Institute, ... Read more...

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Spanish consumer confidence at all-time low


August 4th, 2012 - 10:55 am ICT by IANS
Madrid, Aug 4 (IANS/EFE) Spain's ICC consumer confidence index dipped in July to its lowest level since the monthly survey was launched, the official Center for Sociological Research said.The ICC, ... Read more...

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Spain’s unemployment rate edges up


July 28th, 2012 - 12:24 pm ICT by IANS
Madrid, July 28 (IANS/EFE) Spain's economic crisis continued to take its toll on employment in the second quarter, with the jobless rate edging up to 24.6 percent overall and more ... Read more...

Posted in Business |

French jobless rate reaches record high


July 26th, 2012 - 1:18 pm ICT by IANS
Paris, July 26 (IANS) The unemployment rate in France inched up by 0.8 percent in June compared with the previous month, reaching a record high since August 1999, official ... Read more...

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15 arrested in anti-austerity protests in Spain


July 21st, 2012 - 11:10 am ICT by IANS
Madrid, July 21 (IANS/EFE) Fifteen people were arrested and 16 sent to hospitals with minor injuries as a result of clashes that followed an anti-austerity protest in the Spanish capital.Similar ... Read more...

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Spain’s risk premium hits euro-era record


July 20th, 2012 - 12:20 pm ICT by IANS
Madrid, July 20 (IANS/EFE) Pressure on Spain's debt markets briefly sent the yield on the country's benchmark 10-year bond above 7 percent Thursday and caused the Iberian nation's risk premium ... Read more...

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Spanish royals cut their own pay


July 18th, 2012 - 11:51 am ICT by IANS
Madrid, July 18 (IANS/EFE) Spain's King Juan Carlos decided to cut his salary and that of Crown Prince Felipe by 7.1 percent in line with government-mandated reductions in pay for ... Read more...

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Pay cut spurs more protests by Spanish public employees


July 17th, 2012 - 12:33 pm ICT by IANS
Madrid, July 17 (IANS/EFE) Protests by public employees against the Spanish government's decision to cut their pay as part of a new austerity package continued here Monday.Prime Minister Mariano Rajoy's ... Read more...

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Canada’s unemployment rate falls


July 7th, 2012 - 3:53 pm ICT by IANS
Ottawa, July 7 (IANS) Canada's jobless rate fell slightly in June as fewer people were looking for work, Statistics Canada reported. The country's national data collection and analysis agency said ... Read more...

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US jobless rate holds steady


July 7th, 2012 - 12:14 pm ICT by IANS
Washington, July 7 (IANS/EFE) The US unemployment rate remained at 8.2 percent last month as the economy created only 80,000 net new jobs, authorities said Friday.Analysts had expected a gain ... Read more...

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Japan’s jobless rate falls


June 29th, 2012 - 1:57 pm ICT by IANS
Tokyo, June 29 (IANS) Japan's jobless rate dropped 0.2 percent from the previous month to a seasonally adjusted 4.4 percent in May, government data showed Friday.The number of jobless people ... Read more...

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Unemployment rate hit record high in Greece


June 8th, 2012 - 12:39 pm ICT by IANS
Athens, June 8 (IANS) The jobless rate in Greece hit a record high of 21.9 percent in March, official data showed.The figure was up from 21.4 percent in the previous ... Read more...

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U.S. unemployment rate drops to 8.1 percent, lowest in 3 years


May 5th, 2012 - 4:07 am ICT by BNO News
WASHINGTON, D.C. (BNO NEWS) -- The unemployment rate in the United States fell to 8.1 percent in the month of April, reaching its lowest level in three years, the U.S. Labor Department ... Read more...

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Spanish jobless rate climbs above 24 percent


April 28th, 2012 - 12:28 pm ICT by IANS
Madrid, April 28 (IANS/EFE) The ranks of Spain's unemployed expanded by nearly 366,000 in the first quarter to a record 5.63 million, or 24.44 percent of the workforce, the government ... Read more...

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US economy slowed in first quarter


April 28th, 2012 - 12:08 pm ICT by IANS
Washington, April 28 (IANS/EFE) The US economy grew 2.2 percent in the first three months of this year after expanding 3 percent in the fourth quarter of 2011, the US ... Read more...

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Spanish economy back in recession


April 24th, 2012 - 10:51 am ICT by IANS
Madrid, April 24 (IANS/EFE) Spain's gross domestic product shrank 0.4 percent in the first three months of this year after contracting 0.3 percent in the fourth quarter of 2011, according ... Read more...

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Spain sells 3.2 bn euros in bonds at higher rates


April 18th, 2012 - 12:03 pm ICT by IANS
Madrid, April 18 (IANS/EFE) Spain sold 3.17 billion euros ($4.16 billion) worth of short-term government debt Tuesday, although its borrowing costs rose to their highest levels since December 2011.The Treasury ... Read more...

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South Korea’s jobless rate drops


April 12th, 2012 - 1:57 pm ICT by IANS
Seoul, April 12 (IANS) South Korea's jobless rate dropped to 3.7 percent last month from a year earlier as job creation kept its solid growth trend in the service industry, ... Read more...

Posted in Uncategorized |

Business bankruptcies in Spain rise


April 10th, 2012 - 11:12 am ICT by IANS
Madrid, April 10 (IANS/EFE) More than 1,600 Spanish firms declared insolvency in the first quarter, a rise of 21 percent over the same period in 2011, PricewaterhouseCoopers said Monday in ... Read more...

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‘Educated Asian Americans more likely to be jobless’


April 6th, 2012 - 2:50 pm ICT by IANS
Washington, April 6 (IANS) Asian Americans with college degrees are more likely to be jobless than their white counterparts in this harsh economy, according to a report.A study by ... Read more...

Posted in Uncategorized |

Unemployment rises in Spain


April 4th, 2012 - 12:57 pm ICT by IANS
Madrid, April 4 (IANS/EFE) The number of people in Spain without jobs grew by 38,769 last month to more than 4.75 million, the Employment and Social Security Ministry said Tuesday.It ... Read more...

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Unemployment in France goes up


March 27th, 2012 - 1:38 pm ICT by IANS
Paris, March 27 (IANS) Jobless rate in France inched up by 0.2 percent in February for the 10th successive month, as tepid economic growth slowed job creation in the eurozone ... Read more...

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Housing prices dip in Spain


March 16th, 2012 - 11:45 am ICT by IANS
Madrid, March 16 (IANS/EFE) Housing prices fell 11.2 percent in 2011 in Spain on a year-on-year basis, marking the biggest drop since the economic indicator first started to be reported ... Read more...

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Singapore’s jobless rate at 14-year low


March 15th, 2012 - 1:37 pm ICT by IANS
Singapore, March 15 (IANS) Singapore's unemployment rate improved to a 14-year low of 2 percent in 2011 amid the tight labour market, authorities said Thursday.The jobless rate for residents was ... Read more...

Posted in Uncategorized |

South Korea’s jobless rate falls


March 14th, 2012 - 1:52 pm ICT by IANS
Seoul, March 14 (IANS) South Korea's jobless rate fell to 4.2 percent last month from a year earlier as job creation kept its solid growth trend in the service industry, ... Read more...

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US retail sales go up


March 14th, 2012 - 11:49 am ICT by IANS
Washington, March 14 (IANS/EFE) Sales at US retail outlets increased by 1.1 percent in February to an annualized volume of $407.8 billion, the highest in five years, the Department of ... Read more...

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Britain’s jobless rate to hit 9 percent


March 6th, 2012 - 1:07 am ICT by IANS
London, March 5 (IANS) Britain's unemployment rate will edge up to 9 percent in the first quarter of 2013 from 8.4 percent in the end of last year, the British ... Read more...

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Spain faces recession, growing unemployment in 2012


March 3rd, 2012 - 11:53 am ICT by IANS
Madrid, March 3 (IANS/EFE) Spain's gross domestic product will shrink 1.7 percent this year and the jobless rate will climb to 24.3 percent, the government said Friday.Those are the assumptions ... Read more...

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More Spanish kids want to be professional footballers


February 16th, 2012 - 12:14 pm ICT by IANS
Barcelona, Feb 16 (IANS/EFE) Spain's high unemployment rate has sparked a sharp rise in the number of children and adolescents setting their sights on a career in professional soccer, with ... Read more...

Posted in Sports |

Fitch downgrades Spain’s four largest banks


February 14th, 2012 - 12:03 pm ICT by IANS
Madrid, Feb 14 (IANS/EFE) Fitch Ratings, which downgraded Spanish sovereign debt a month ago, said Monday it lowered its credit rating of Spain's four largest lenders."Fitch believes there is a ... Read more...

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