unemployment http://www.globalpost.com/taxonomy/term/20230/all en ILO annual report: jobs recession will deepen; rising unemployment and social unrest likely in 2012 http://www.globalpost.com/dispatches/globalpost-blogs/europa/ilo-annual-report-jobs-recession-will-deepen-rising-unemployment- Economies may avoid recession, but working people won't, says the ILO's annual survey of the World of Work.<p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/ilo-annual-report-jobs-recession-will-deepen-rising-unemployment-" target="_blank">read more</a></p> Home ILO Spain Spain economy unemployment world of work Europe Spain Europa GlobalPost Blogs Mon, 31 Oct 2011 12:25:43 +0000 Michael Goldfarb 5679724 at http://www.globalpost.com Majority of unemployed Americans no longer on benefits http://www.globalpost.com/dispatch/news/regions/americas/united-states/111105/majority-unemployed-americans-no-longer-benefits <p> With so many people being out of work for so long, most unemployed Americans are no longer receiving unemployment benefits, the Associated Press reported.</p> <p><a href="http://www.globalpost.com/dispatch/news/regions/americas/united-states/111105/majority-unemployed-americans-no-longer-benefits" target="_blank">read more</a></p> unemployment Debt Crisis United States Sat, 05 Nov 2011 18:12:00 +0000 Kyle Kim 5680439 at http://www.globalpost.com US unemployment claims drop to lowest level since April http://www.globalpost.com/dispatch/news/regions/americas/united-states/111110/us-unemployment-claims-drop-lowest-level-april <p> The figures indicate fewer redundancies, but are not yet evidence of job growth.</p> <p><a href="http://www.globalpost.com/dispatch/news/regions/americas/united-states/111110/us-unemployment-claims-drop-lowest-level-april" target="_blank">read more</a></p> unemployment Global Economy United States Thu, 10 Nov 2011 16:42:00 +0000 News Desk 5680908 at http://www.globalpost.com British Austerity - the alternative to dealing with debt reduction - isn't working either http://www.globalpost.com/dispatches/globalpost-blogs/europa/britain-the-euro-zone-alternative-dealing-debt-isnt-working-eithe Britain's austerity plan hits the buffers. Borrowing is going up and so is unemployment. Recession is a real possibility, the government admits<p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/britain-the-euro-zone-alternative-dealing-debt-isnt-working-eithe" target="_blank">read more</a></p> British economy George Osborne Home public sector pay freeze strike unemployment Europe United Kingdom Europa GlobalPost Blogs Tue, 29 Nov 2011 16:56:00 +0000 Michael Goldfarb 5682813 at http://www.globalpost.com Finger pointing continues over Britain's "veto" http://www.globalpost.com/dispatches/globalpost-blogs/europa/finger-pointing-continues-over-britains-veto David Cameron continues to reap the whirlwind over his actions at last week's EU summit<p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/finger-pointing-continues-over-britains-veto" target="_blank">read more</a></p> David Cameron EU summit Home inflation Jose Manuel Barrosso unemployment Europe United Kingdom Europa GlobalPost Blogs Tue, 13 Dec 2011 12:17:45 +0000 Michael Goldfarb 5684088 at http://www.globalpost.com Spain: sombre times ahead http://www.globalpost.com/dispatches/globalpost-blogs/europa/spain-sombre-times-ahead New Spanish Prime Minister Mariano Rajoy says times are tough and they will get tougher<p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/spain-sombre-times-ahead" target="_blank">read more</a></p> euro zone debt crisis Home Mariano rajoy snowbirds Spain Sunbelt unemployment Europe Spain Europa GlobalPost Blogs Tue, 20 Dec 2011 09:58:07 +0000 Michael Goldfarb 5684653 at http://www.globalpost.com Spain is back in recession http://www.globalpost.com/dispatches/globalpost-blogs/europa/spain-back-recession Economy Minister says Spain has "relapsed" into recession in the last quarter of 2011. Further contraction is expected next year.<p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/spain-back-recession" target="_blank">read more</a></p> Home Mariano rajoy recession Regions Spain unemployment Business Europe Global Economy Spain Europa GlobalPost Blogs Tue, 27 Dec 2011 12:09:44 +0000 Michael Goldfarb 5685206 at http://www.globalpost.com A tale of two nations: German optimism, British pessimism http://www.globalpost.com/dispatches/globalpost-blogs/europa/tale-two-nations-german-optimism-british-pessimism German manufacturers say 2012 looks good, a new report predicts British unemployment rate will rise<p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/tale-two-nations-german-optimism-british-pessimism" target="_blank">read more</a></p> Britain Der Spiegel Germany Home Regions unemployment Europe Germany United Kingdom Europa GlobalPost Blogs Wed, 28 Dec 2011 10:09:26 +0000 Michael Goldfarb 5685270 at http://www.globalpost.com French manufacturing base is contracting rapidly as a result of crisis http://www.globalpost.com/dispatches/globalpost-blogs/europa/french-manufacturing-base-contracting-rapidly-result-crisis In the last three years hundreds of French factories have closed as a result of the economic crisis and tens of thousands of jobs have been permanently lost<p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/french-manufacturing-base-contracting-rapidly-result-crisis" target="_blank">read more</a></p> Bruce Springsteen euro zone crisis France Home Manufacturing Mississippi river Ohio River Regions unemployment France Europe Europa GlobalPost Blogs Thu, 29 Dec 2011 10:01:00 +0000 Michael Goldfarb 5685363 at http://www.globalpost.com Spain: Job seekers make the ultimate sacrifice http://www.globalpost.com/dispatches/globalpost-blogs/europa/spain-job-seekers-make-the-ultimate-sacrifice <div class="field field-type-text field-field-subhead"> <div class="field-items"> <div class="field-item odd"> With employment opportunities virtually non-existent, young Spaniards are cleaning up to impress prospective bosses </div> </div> </div> <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Michael Goldfarb </div> </div> </div> <!--paging_filter--><p> When I left college and first got into the job market I shaved my beard and got a haircut. It was simple and relatively cheap. Today&#39;s youth have a more difficult time of it. They have added tattoos to the mix and getting rid of them is painful and pricey.</p> <p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/spain-job-seekers-make-the-ultimate-sacrifice" target="_blank">read more</a></p> Home Spanish economy Spanish unemployment tattoo removal tattoos unemployment Europe Spain Europa Thu, 29 Dec 2011 12:40:49 +0000 Michael Goldfarb 5685366 at http://www.globalpost.com European financial markets say goodbye and good riddance to 2011 http://www.globalpost.com/dispatches/globalpost-blogs/europa/european-financial-markets-say-goodbye-and-good-riddance-2011 Europe's financial markets lost ground in 2011. Next year doesn't look much better as one of Europe's big economies, Spain, tries to halve its deficit by cutting spending and raising taxes<p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/european-financial-markets-say-goodbye-and-good-riddance-2011" target="_blank">read more</a></p> 2011 2012 austerity DAX financial markets Frankfurt FTSE-100 Home Mariano rajoy Regions Spain unemployment Europe Germany Spain United Kingdom Europa GlobalPost Blogs Fri, 30 Dec 2011 15:25:41 +0000 Michael Goldfarb 5685483 at http://www.globalpost.com A Tale of Two Continents http://www.globalpost.com/dispatches/globalpost-blogs/europa/tale-two-continents <div class="field field-type-text field-field-subhead"> <div class="field-items"> <div class="field-item odd"> Unemployment reaches record high in euro zone, while falling a bit in the U.S. </div> </div> </div> <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Michael Goldfarb </div> </div> </div> <!--paging_filter--><p> The good news first: the U.S. economy added <a href="http://www.nytimes.com/2012/01/07/business/economy/us-adds-200000-jobs-unemployment-rate-at-8-5.html">200,000</a> jobs last month. That dropped the headline unemployment rate to 8.5 percent from 8.7 percent. (The broader measure of unemployment, U6, which includes those out of work for more than 12 months and discouraged workers and those with part-time jobs who want full-time work remains in double digits).</p> <p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/tale-two-continents" target="_blank">read more</a></p> Greece Home Regions Spain Spanish unemployment U.S. unemployment unemployment Americas Business Europe Global Economy Spain United Kingdom United States Europa GlobalPost Blogs Fri, 06 Jan 2012 14:39:26 +0000 Michael Goldfarb 5686221 at http://www.globalpost.com Britain: Unemployment reaches 17 year high of 8.4 percent http://www.globalpost.com/dispatches/globalpost-blogs/europa/britain-unemployment-reaches-17-year-high-84-percent <div class="field field-type-text field-field-subhead"> <div class="field-items"> <div class="field-item odd"> 2.68 million people are out of work, a rise of 118,000 in the three months to November. </div> </div> </div> <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Michael Goldfarb </div> </div> </div> <!--paging_filter--><p> In some ways, this is the least surprising <a href="http:// http://www.bbc.co.uk/news/business-16608394">economic news</a> of the week. Economists had <a href="http://www.telegraph.co.uk/finance/jobs/9022111/Unemployment-rises-to-17-year-high-of-2.68m.html">expected</a> the unemployment rate to reach 8.3 percent, a slight tick upwards isn&#39;t shocking. Not even the record youth unemployment or the record number of people working part-time because they cannot find full-time jobs seems unusual.</p> <p> Nor is it surprising to critics of the Conservative-led coalition&#39;s austerity program. From the time it was announced back in <a href="http://www.globalpost.com/dispatch/united-kingdom/101020/britain-austerity-plan">October 2010</a> unemployment was predicted to jump.</p> <p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/britain-unemployment-reaches-17-year-high-84-percent" target="_blank">read more</a></p> austerity British unemployment David Cameron Home Regions unemployment Business Europe Global Economy United Kingdom Europa GlobalPost Blogs Wed, 18 Jan 2012 12:34:49 +0000 Michael Goldfarb 5687869 at http://www.globalpost.com IMF report sharply downgrades global growth and blames the euro. European daily economic round-up http://www.globalpost.com/dispatches/globalpost-blogs/europa/imf-report-downgrades-global-growth-and-blames-the-euro-european- <div class="field field-type-text field-field-subhead"> <div class="field-items"> <div class="field-item odd"> IMF dramatic revision of figures projects euro zone as a whole will be in recession in 2012 </div> </div> </div> <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Michael Goldfarb </div> </div> </div> <!--paging_filter--><p> The IMF has sharply cut its <a href="http://www.imf.org/external/index.htm">growth forecast</a> for the global economy this year and reason number one is the euro area. Just last September, in its World Economic Outlook, the IMF had projected world output to grow by 4 percent in 2012, now because of the euro zone debt crisis it expects growth of just 3.3 percent. The organization made clear what this dramatic reassessment means.</p> <p> &ldquo;Given the depth of the 2009 recession, these growth rates are too sluggish to make a major dent in very high unemployment,&rdquo; the IMF said.</p> <p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/imf-report-downgrades-global-growth-and-blames-the-euro-european-" target="_blank">read more</a></p> Davos euro zone debt crisis global recession Greece Home IMF Italy recession Regions Spain unemployment World Economic Forum Business Debt Crisis Europe Global Economy Italy Spain Europa GlobalPost Blogs Tue, 24 Jan 2012 17:53:16 +0000 Michael Goldfarb 5688691 at http://www.globalpost.com It's Europe, they do summits differently here http://www.globalpost.com/dispatches/globalpost-blogs/europe/its-europe-they-do-summits-differently-here <div class="field field-type-text field-field-subhead"> <div class="field-items"> <div class="field-item odd"> Leaders agree fiscal compact - details left for later </div> </div> </div> <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Michael Goldfarb </div> </div> </div> <!--paging_filter--><p> EU leaders met in Brussels yesterday. By their standards things went well. Contentious pre-summit issues were kicked aside - in this case, Germany did not push for the right to install a budget czar in Greece. Agreement was reached on a new fiscal compact for the euro zone, although the details of what was agreed were left for later. A lot of money was pledged, enough to make a person wonder where it will come from given how indebted many European governments are.</p> <p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europe/its-europe-they-do-summits-differently-here" target="_blank">read more</a></p> EU EU summit European Stability Mechanism fiscal compact Germany Greece Home Italy Regions unemployment Business Czech Republic Debt Crisis Europe Germany Italy United Kingdom On Europe Europa GlobalPost Blogs Tue, 31 Jan 2012 11:48:47 +0000 Michael Goldfarb 5689614 at http://www.globalpost.com