Labor economics http://www.globalpost.com/taxonomy/term/23128/all en WRAPUP 4-US private sector job gains offer hope for labor market http://www.globalpost.com/dispatch/news/thomson-reuters/130103/wrapup-4-us-private-sector-job-gains-offer-hope-labor-market <p>* Private employers add 215,000 jobs in December * Weekly jobless claims rise 10,000 last week * Four-week average of claims steady at 360,000 * Data point to underlying momentum in the economy By Lucia Mutikani WASHINGTON, Jan 3 (Reuters) - U.S. private-sector employers shrugged off a looming budget crisis and stepped up hiring in December, offering further evidence of underlying strength in the economy as 2012 ended.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130103/wrapup-4-us-private-sector-job-gains-offer-hope-labor-market" target="_blank">read more</a></p> ADP National Employment Report Business Company Location Economics Employment Human resource management Job losses caused by the late-2000s recession Job security Jobless claims Labor Labor economics Labour law Law Macroeconomics Person Career Person Location Quotation Socioeconomics Unemployment Thomson Reuters Fri, 04 Jan 2013 04:15:19 +0000 5731093 at http://www.globalpost.com UPDATE 2-Italy jobless records put heat on Monti in poll race http://www.globalpost.com/dispatch/news/thomson-reuters/130108/update-2-italy-jobless-records-put-heat-monti-poll-race <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p><body></body></p> <p>* Jobless rate stable at October record of 11.1 pct<br /> * Youth unemployment hits 37.1 pct, highest on record<br /> * Rising unemployment is key issue ahead of February<br /> election</p> <p> (Recasts lead, adds political comment, graphics)<br /> By Gavin Jones<br /> ROME, Jan 8 (Reuters) - Youth unemployment in Italy rose to<br /> an all time high above 37 percent in November, data showed on<br /> Tuesday, piling pressure on outgoing Prime Minister Mario Monti<br /> who is seeking a second term at national elections in February.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130108/update-2-italy-jobless-records-put-heat-monti-poll-race" target="_blank">read more</a></p> Economics Entertainment Labor economics Macroeconomics Mario Monti Mario Monti Person Attributes Person Career Quotation Recessions Socioeconomics Unemployment Thomson Reuters Tue, 08 Jan 2013 14:45:04 +0000 Thomson Reuters 5731603 at http://www.globalpost.com WRAPUP 3-US jobless claims rise, but jobs market recovery intact http://www.globalpost.com/dispatch/news/thomson-reuters/130110/wrapup-3-us-jobless-claims-rise-jobs-market-recovery-intact <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Weekly jobless claims rise 4,000, prior week revised down</p> <p>* Continuing claims lowest since July 2008</p> <p>* Wholesale stocks up, gain in sales largest in 1-1/2 years</p> <p>By Lucia Mutikani</p> <p>WASHINGTON, Jan 10 (Reuters) - The number of Americans filing new claims for unemployment benefits rose last week, the Labor Department said on Thursday, but details of the report suggested the jobs market continued to grow at a moderate pace.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130110/wrapup-3-us-jobless-claims-rise-jobs-market-recovery-intact" target="_blank">read more</a></p> Business Employment Entertainment Labor Labor economics Socioeconomics Thomson Reuters Thu, 10 Jan 2013 15:01:09 +0000 Thomson Reuters 5732652 at http://www.globalpost.com French labour deal is small boon for jobs http://www.globalpost.com/dispatch/news/thomson-reuters/130114/french-labour-deal-small-boon-jobs <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Deal is a victory for Hollande's 'talk-first' approach</p> <p>* Will help to limit rise of unemployment in 2013-14</p> <p>* CEOs, economists say further reform needed</p> <p>By Nicholas Vinocur</p> <p>PARIS, Jan 14 (Reuters) - French unions and employers have risen to President Francois Hollande's call for a "historic" deal overhauling labour rules but it will take more than this to defeat rising unemployment.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130114/french-labour-deal-small-boon-jobs" target="_blank">read more</a></p> Business Labor Labor economics Labour relations Law Social Issues Social programs Thomson Reuters Mon, 14 Jan 2013 19:15:34 +0000 Thomson Reuters 5734323 at http://www.globalpost.com WRAPUP 4-Housing, labor data provide upbeat signs on US economy http://www.globalpost.com/dispatch/news/thomson-reuters/130117/wrapup-1-housing-labor-data-provide-upbeat-signs-us-economy <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Jobless claims drop 37,000 last week, lowest in five years</p> <p>* Housing starts surge 12.1 percent to four-year high</p> <p>* Building permits gain 0.3 percent</p> <p>* Mid-Atlantic manufacturing shrinks in January</p> <p>By Lucia Mutikani</p> <p>WASHINGTON, Jan 17 (Reuters) - The number of Americans filing new claims for unemployment aid hit a five-year low last week and residential construction surged in December, the latest signs that the U.S. economic recovery remains on track.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130117/wrapup-1-housing-labor-data-provide-upbeat-signs-us-economy" target="_blank">read more</a></p> Business Economics Labor Labor economics Law Nonfarm payrolls Recessions Socioeconomics Thomson Reuters Thu, 17 Jan 2013 14:31:03 +0000 Thomson Reuters 5735618 at http://www.globalpost.com UPDATE 2-South Africa farm strike called off pending wage review http://www.globalpost.com/dispatch/news/thomson-reuters/130123/update-1-south-africa-farm-strike-suspended-industry-group <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* New minimum wage to be announced next month</p> <p>* Protesters and police clashed since December</p> <p>* Labour unrest swept through South Africa since August (Recasts to add quotes, background)</p> <p>By Wendell Roelf</p> <p>CAPE TOWN, Jan 23 (Reuters) - A strike by farm workers in South Africa in which three protesters were killed and vineyards set ablaze was called off on Wednesday ahead of a review of the minimum wage by the government next month.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130123/update-1-south-africa-farm-strike-suspended-industry-group" target="_blank">read more</a></p> Economics Employment compensation Entertainment Labor economics Social Issues Sociology South Africa South Africa Unrest Thomson Reuters Wed, 23 Jan 2013 08:15:22 +0000 Thomson Reuters 5738185 at http://www.globalpost.com WRAPUP 3-US factory activity gains speed, jobless claims drop http://www.globalpost.com/dispatch/news/thomson-reuters/130124/wrapup-1-us-jobless-claims-fall-5-yr-low-job-market-healing <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Factory index unexpectedly gains to nearly 2-year high</p> <p>* New orders strongest since May 2010, hiring gauge rises</p> <p>* New claims for jobless benefits hit 5-year low</p> <p>* Leading economic index rises 0.5 percent in December</p> <p>By Jason Lange</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130124/wrapup-1-us-jobless-claims-fall-5-yr-low-job-market-healing" target="_blank">read more</a></p> Business Economic history Economics Entertainment Labor Labor economics Law Recessions Socioeconomics Thomson Reuters Thu, 24 Jan 2013 14:15:37 +0000 Thomson Reuters 5738810 at http://www.globalpost.com White House shutters jobs council, citing progress on issues http://www.globalpost.com/dispatch/news/thomson-reuters/130131/blank-headline-received-0 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>WASHINGTON, Jan 31 (Reuters) - The White House said on Thursday it is disbanding President Barack Obama's jobs council, a group of high-profile chief executives who gave advice on how to boost hiring at a time of high unemployment.</p> <p>The White House said it has made progress on the council's recommendations and will begin a new, expanded effort to work with the business community to advance policy priorities promoted by the panel.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130131/blank-headline-received-0" target="_blank">read more</a></p> Business Entertainment Environment Health Labor economics Politics White House Thomson Reuters Thu, 31 Jan 2013 16:31:07 +0000 Thomson Reuters 5741859 at http://www.globalpost.com WRAPUP 3-Income surge puts U.S. consumers in better shape http://www.globalpost.com/dispatch/news/thomson-reuters/130131/wrapup-3-income-surge-puts-us-consumers-better-shape <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* December personal income jumps most in eight years * Much of gains from investments, though wages also up * U.S. jobless claims rise 38,000 in latest week By Jason Lange WASHINGTON, Jan 31 (Reuters) - American income growth surged in December as companies rushed to make dividend payments before higher tax rates set in, while buoyant wage growth also gave a lift to households. U.S. personal income rose 2.6 percent last month, the biggest increase in eight years, the Commerce Department said on Thursday.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130131/wrapup-3-income-surge-puts-us-consumers-better-shape" target="_blank">read more</a></p> Business Economics Labor Labor economics Law Socioeconomics Thomson Reuters Thu, 31 Jan 2013 19:30:43 +0000 Thomson Reuters 5742138 at http://www.globalpost.com URGENT ¥¥¥ Japan's jobless rate rises to 4.2% in December: government http://www.globalpost.com/dispatch/news/afp/130131/urgent-japans-jobless-rate-rises-42-december-government <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Japan's jobless rate stood at 4.2 percent in December, edging up from 4.1 percent in the previous month, the government said on Friday.</p> <p>For the entire 2012 period, Japan's unemployment rate fell 0.3 percent on-year to 4.3 percent, according to the internal affairs ministry.</p> <p>hih/ac</p> Japan Labor economics AFP Fri, 01 Feb 2013 00:15:51 +0000 Agence France-Presse 5742357 at http://www.globalpost.com WRAPUP 1-U.S. jobs data to point to steady economic growth http://www.globalpost.com/dispatch/news/thomson-reuters/130201/wrapup-1-us-jobs-data-point-steady-economic-growth <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Non-farm payrolls expected to rise 160,000 in January</p> <p>* Unemployment seen holding steady at 7.8 percent</p> <p>* Average hourly earnings seen rising 0.2 percent</p> <p>* Report to show sluggish economic recovery on track</p> <p>By Lucia Mutikani</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130201/wrapup-1-us-jobs-data-point-steady-economic-growth" target="_blank">read more</a></p> Business Economics Labor Labor economics Recessions Thomson Reuters Fri, 01 Feb 2013 06:15:27 +0000 Thomson Reuters 5742565 at http://www.globalpost.com Austrian official unemployment rises again http://www.globalpost.com/dispatch/news/afp/130201/austrian-official-unemployment-rises-again <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Austria's jobless rate rose half a percentage point to 9.1 percent in January, the fourth straight monthly rise, because of weaker economic conditions and winter weather, official data showed Friday.</p> <p>As calculated by the Eurostat data agency, Austria's jobless rate remained however the lowest in the 27-member European Union, at 4.3 percent in December, the most recent figures available.</p> <p>"It is not just the season that is creating problems, first and foremost it is the weak economy," said Labour Minister Rudolf Hundstorfer.</p> <p>stu/wai</p> Labor economics AFP Fri, 01 Feb 2013 09:45:21 +0000 Agence France-Presse 5742691 at http://www.globalpost.com Italian official unemployment rate at 11.2% http://www.globalpost.com/dispatch/news/afp/130201/italian-official-unemployment-rate-at-112 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>The Italian unemployment rate edged up by 0.1 percentage points to 11.2 percent in December, a first official estimate showed on Friday.</p> <p>The number of people registered as seeking work has risen by nearly 20.0 percent over the past 12 months.</p> <p>The rate is at the highest level since the statistics institute Istat began publishing this monthly statistic, and on a three-month basis the rate was the highest since 1999.</p> <p>On a 12-month comparison, the rate in December showed a rise of 1.8 percentage points, and this was in line with expectations among economists.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130201/italian-official-unemployment-rate-at-112" target="_blank">read more</a></p> Business Economics Labor economics Unemployment AFP Fri, 01 Feb 2013 10:30:12 +0000 Agence France-Presse 5742763 at http://www.globalpost.com Romanian unemployment rate eases to 6.5% http://www.globalpost.com/dispatch/news/afp/130201/romanian-unemployment-rate-eases-65 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>The Romanian unemployment rate was 6.5 percent in December, a fall of one percentage point from the level 12 months earlier, official data showed on Friday.</p> <p>The December rate was also 0.2 percentage points lower than in November, data from the national statistics office showed.</p> <p>Romanian unemployment is low relative to the average level in the European Union of which the country has been a member since 2007.</p> <p>However, official estimates indicate that two million to three million Romanians have gone abroad to find work.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130201/romanian-unemployment-rate-eases-65" target="_blank">read more</a></p> Europe Labor economics AFP Fri, 01 Feb 2013 11:00:51 +0000 Agence France-Presse 5742805 at http://www.globalpost.com WRAPUP 6-U.S. jobs, factory data point to steady economic growth http://www.globalpost.com/dispatch/news/thomson-reuters/130201/wrapup-2-us-employment-report-points-steady-economic-growth <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* U.S. nonfarm payrolls rise 157,000 in January * Unemployment rate ticks up to 7.9 percent from 7.8 percent * Average hourly earnings rise four cents * Factory activity picks up in January, consumer morale up * Reports show sluggish economic recovery on track By Lucia Mutikani WASHINGTON, Feb 1 (Reuters) - U.S. employment grew modestly in January and job gains in the previous two months were larger than first reported, a counterpunch to recent data that suggested a tepid economic recovery had stalled at the end of last year.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130201/wrapup-2-us-employment-report-points-steady-economic-growth" target="_blank">read more</a></p> Business Economics Labor Labor economics Law Nonfarm payrolls Recessions Thomson Reuters Fri, 01 Feb 2013 13:46:34 +0000 Thomson Reuters 5743022 at http://www.globalpost.com