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German unemployment falls for fourth straight month in March

By Michelle Martin BERLIN (Reuters) - German unemployment fell for a fourth consecutive month in March, data showed on Tuesday, highlighting the strength of the job market in Europe's largest economy and boding well for expectations that domestic demand will drive growth this year. The number of people out of work decreased by 12,000 to 2.901 million, data from the Labor Office showed. The mid-range forecast in a Reuters poll had been for a drop of 10,000.

German unemployment falls for fourth straight month in March

By Michelle Martin BERLIN (Reuters) - German unemployment fell for a fourth consecutive month in March, data showed on Tuesday, highlighting the strength of the job market in Europe's largest economy and boding well for expectations that domestic demand will drive growth this year. The number of people out of work decreased by 12,000 to 2.901 million, data from the Labour Office showed. The mid-range forecast in a Reuters poll had been for a drop of 10,000.

Italy PM Renzi says aims to get jobless rate under 10 percent

LONDON (Reuters) - Italy can get its unemployment below 10 percent in the medium term with signs of improvement beginning to show through in the economy, Prime Minister Matteo Renzi said on Tuesday, after the jobless rate hit its highest level since at least 1977. "We want to get under 10 percent in the coming months, the coming years," he told a joint news conference in London with British Prime Minister David Cameron.

German unemployment continues to ease in March

Unemployment in Germany, Europe's largest economy, continued to ease in March, as the labour market benefits from the improving economic outlook, official data showed on Tuesday. The number of people registered as unemployed in Europe's top economy fell by 12,000 to 2.901 million, after adjustment for seasonal blips, the Federal Labour Office said in a statement. Analysts had been projecting a smaller decline of about 7,500.

German unemployment steady in March: official data

Germany's unemployment rate was steady in March, as Europe's economy gets off to a good start in 2014, official data showed on Tuesday. The number of people registered as unemployed in fell by 12,000 in seasonally adjusted terms this month, the Federal Labour Office said in a statement. Analysts had been projecting a slightly smaller decline of around 7,500.

Connecticut becomes first state to pass $10.10 minimum wage

By Richard Weizel MILFORD, Connecticut (Reuters) - Connecticut Governor Dannel Malloy on Thursday signed into law a measure that will phase in the highest minimum wage of any U.S. state, in line with a push by Democrats nationwide to raise the entry-level wage. The bill, which was approved by state legislators a day earlier, will raise the state's minimum hourly rate to $10.10, a figure that matches what U.S. President Barack Obama has asked Congress to consider imposing nationally.

Unemployment rates fell in 29 US states in February as hiring picks up

WASHINGTON - Unemployment rates fell in most states in February and two-thirds of the states reported job gains, evidence that most of the country is benefiting from slow but steady improvement in the job market. The Labor Department says unemployment rates dropped in 29 states, rose in 10 and was unchanged in the remaining 11. Meanwhile, hiring rose in 33 states and fell in 17.

U.S. jobs market dropouts increasingly likely to stay out

By Lucia Mutikani WASHINGTON (Reuters) - A growing number of Americans quitting the labor force are likely gone for good, offering a cautionary note to the Federal Reserve as it tries to gauge how tight the jobs market is and how quickly to raise interest rates.

Younger workers having hard time finding work and keeping jobs, new Labor Dept. study shows

WASHINGTON - Young adults born in the early 1980s held an average of just over six jobs each from ages 18 through 26, a Labor Department survey showed Wednesday. Since 1997, the department's Bureau of Labor Statistics has been keeping tabs on about 9,000 young men and women born in the early 1980s, surveying their educational and workplace progress. The latest survey is from interviews conducted in 2011-2012. According to the survey, more than two-thirds of the jobs held by high-school dropouts lasted less than a year.

Budget watchdog says little evidence of labour shortages, skills mismatch

OTTAWA - Canada is not experiencing significant job or skills shortages, says a new report from the country's budget watchdog that also takes a shot at a recent government analysis pointing to a growing problem. The findings by parliamentary budget officer Jean-Denis Frechette appear to once again put the office on a collision course with the Harper government, which had a series of public spats with predecessor Kevin Page. A spokesperson for Employment Minister Jason Kenney insisted there was no disagreement between the government and the PBO on labour shortages, however.
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