Unemployment in the UK rose to 2.52 million between November and January. Despite the rise in numbers, the overall unemployment rate held at 7.8%. Continue reading
Tag Archives: Unemployment
Greek Unemployment Sets Another Record High
Less than a week after their Prime Minister said they would no longer take austerity measures because of an improving economic situation, Greek officials have said unemployment has reached new highs.
The debt-ridden nation’s unemployment rate rose to 26% in the final part of 2012, up from 24.8% in the third quarter of the year and 20.7% a year in 2011. Continue reading
Spain Hits Another Record Unemployment High
Unemployment in Spain has topped 5 million citizens for the first time in the nation’s history.
Over 59,000 people were added to the unemployment roll in February raising the nation’s total to 5.04 million. Continue reading
Eurozone Unemployment: Another Record High
Another month, another record high for eurozone unemployment.
The unemployment rate for the eurozone rose to 11.9% in January, a rise of .1% from December’s previous record high. Continue reading
U.S. Unemployment Rises Amid Job Growth
Almost 157,000 jobs were added to the U.S. economy last month while the unemployment rate continued to climb.
The unemployment rate climbed to 7.9% in January, up .1% from the previous month’s total. The data from the Labor Department said that an average of 181,000 jobs were created each month in 2012. However, the data did not break down to say if those were low paying, minimum wage jobs or jobs with livable wages. Continue reading
Eurozone Manufacturing Contraction Slows
The latest Markit Purchasing Manager’s Index shows that the manufacturing market contraction that has been plaguing the eurozone is beginning to ease.
The latest level shows 47.9, an increase of 1.8 from December. Still below 50, it shows there is contraction in the manufacturing market, just at a much lesser pace than the previous month. Continue reading
Zimbabwe’s Public Account Hits $217
Zimbabwe’s public account for paying government bills hit $217 last week.
Not $217 million. $217.
Payments by the government to civil servants left the entire government so poor that they couldn’t afford to buy an iPhone. Continue reading
55 Percent Of Spanish Youth Unemployed
Spain’s unemployment rate has set a new record with 55 percent of the nation’s youth unable to find work.
The unemployment rate for the entire country rose to 26 percent with almost six million out of work. Continue reading
World Unemployment Could Hit Records in 2013
The International Labor Organization has released its annual report that states worldwide unemployment could hit record levels this year and could continue rising until 2017.
The current record is from 2009 when 198 million were unemployed. The ILO projects that by the end of 2013 there will be 202 million with a rise of 5.1 million from current levels. The report predicts 205 million unemployed by 2014. Continue reading
Greece Sets Unemployment Record
The latest report on Greece’s unemployment shows the country’s rate at 26.8%, rocketing them past Spain as the country with the highest rate in the EU. Continue reading
