Socioeconomics http://www.globalpost.com/taxonomy/term/23129/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 1-French employers say draft labour accord unacceptable http://www.globalpost.com/dispatch/news/thomson-reuters/130107/update-1-french-employers-say-draft-labour-accord-unacceptable <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>* Talks on labour reform due to conclude this week</p> <p>* Employer chief says cannot meet union demands</p> <p>* Government to legislate if talks fail</p> <p>By Nicholas Vinocur</p> <p>PARIS, Jan 7 (Reuters) - French employers will reject moves<br /> to overhaul rigid labour rules unless unions drop demands for<br /> heavier welfare charges on short-term job contracts, their<br /> leader said on Monday, suggesting talks this week could fail.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130107/update-1-french-employers-say-draft-labour-accord-unacceptable" target="_blank">read more</a></p> Business Employment Ethics Human resource management Labor Labour economics Labour law Labour relations Laurence Parisot Law Person Career Person Party Quotation Social Issues Social programs Socioeconomics Strike action Trade union Unemployment Thomson Reuters Mon, 07 Jan 2013 19:58:14 +0000 5731393 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 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 5732652 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 5735618 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 5738810 at http://www.globalpost.com CORRECTED-WRAPUP 1-US jobless claims point to slow healing in labor market http://www.globalpost.com/dispatch/news/thomson-reuters/130131/corrected-wrapup-1-us-jobless-claims-point-slow-healing-labor-m <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>(Corrects final two paragraphs to show most recent layoffs data)</p> <p>* U.S. jobless claims rise 38,000 in latest week</p> <p>* Personal income jumps most in eight years</p> <p>* Much of income gains came from temporary factors</p> <p>By Jason Lange</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130131/corrected-wrapup-1-us-jobless-claims-point-slow-healing-labor-m" target="_blank">read more</a></p> Business Economics Economy of the United States Labor Law Recessions Socioeconomics Thomson Reuters Thu, 31 Jan 2013 17:31:09 +0000 5741960 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 5742138 at http://www.globalpost.com British PM says leaders must be accountable in poverty fight http://www.globalpost.com/dispatch/news/afp/130201/british-pm-says-leaders-must-be-accountable-poverty-fight <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>British Prime Minister David Cameron said Friday that leaders should be held to account for failures to deliver on plans to reduce poverty, after a top UN development meeting in Liberia.</p> <p>Cameron was in the capital of the West African nation to co-chair with President Ellen Johnson Sirleaf a one-day high-level United Nations meeting on ways to update the fight against global poverty after 2015.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130201/british-pm-says-leaders-must-be-accountable-poverty-fight" target="_blank">read more</a></p> David Cameron Development Poverty Socioeconomics Technology AFP Fri, 01 Feb 2013 19:45:51 +0000 5743488 at http://www.globalpost.com EU plans 'lost generation' fund to fight youth unemployment http://www.globalpost.com/dispatch/news/thomson-reuters/130206/eu-plans-lost-generation-fund-fight-youth-unemployment <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>By Luke Baker</p> <p>BRUSSELS, Feb 6 (Reuters) - European Union leaders are expected to set aside more than 5 billion euros from the EU budget to tackle the bloc's soaring and costly youth unemployment when they meet for a summit in Brussels on Thursday.</p> <p>The aim is to get to grips with the debilitating unemployment caused by the region's debt and economic crisis. There are estimates that youth joblessness is costing the EU up to 150 billion euros a year, or around 1.2 percent of GDP.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130206/eu-plans-lost-generation-fund-fight-youth-unemployment" target="_blank">read more</a></p> Business Economics Economy of the European Union Socioeconomics Thomson Reuters Wed, 06 Feb 2013 16:00:21 +0000 5747702 at http://www.globalpost.com US weekly jobless claims slip http://www.globalpost.com/dispatch/news/afp/130207/us-weekly-jobless-claims-slip <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>New claims for US unemployment insurance benefits slipped last week to 366,000, still holding roughly in the same range as the past year, the Labor Department reported Thursday.</p> <p>Claims in the week to February 2 were 5,000 less than the previous week's revised number, while the four-week moving average was 350,500, pulled lower by the sharply lower claims of the middle two weeks of January.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130207/us-weekly-jobless-claims-slip" target="_blank">read more</a></p> Employment Labor Labor economics Socioeconomics AFP Thu, 07 Feb 2013 14:00:57 +0000 5748867 at http://www.globalpost.com WRAPUP 4-U.S. jobless claims point to healing in labor market http://www.globalpost.com/dispatch/news/thomson-reuters/130207/wrapup-1-us-jobless-claims-point-healing-labor-market <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 jobless claims fall 5,000 in latest week * Trend reading for claims at lowest since March 2008 * Productivity declines at 2 percent annual rate in 4th quarter * Major retailers' same-store sales up in January By Jason Lange WASHINGTON, Feb 7 (Reuters) - The number of Americans filing new claims for jobless benefits fell last week and a trend reading hit a near five-year low, signs a grinding recovery in the labor market remains on track. Other reports on Thursday showed many top U.S.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130207/wrapup-1-us-jobless-claims-point-healing-labor-market" target="_blank">read more</a></p> Business Economics Employment Health Labor Labor economics Law Social Issues Socioeconomics Thomson Reuters Thu, 07 Feb 2013 14:45:58 +0000 5748917 at http://www.globalpost.com China needs 'full-scale' reform to fight inequality http://www.globalpost.com/dispatch/news/afp/130208/china-needs-full-scale-reform-fight-inequality <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>China's stated aim to narrow the income gulf between its sports-car driving elite and vast numbers who still live in poverty will need radical political and economic changes to work, say economists.</p> <p>Long-delayed "proposals on the distribution of income" were announced this week ahead of Sunday's Lunar New Year, as hundreds of millions working in cities returned to their rural homes, many without running water or heating.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130208/china-needs-full-scale-reform-fight-inequality" target="_blank">read more</a></p> Business Economic inequality Economics Entertainment Human Interest Politics Social Issues Socioeconomics AFP Fri, 08 Feb 2013 08:46:22 +0000 5749743 at http://www.globalpost.com Spain jobs crisis spawns entrepreneurs http://www.globalpost.com/dispatch/news/afp/130210/spain-jobs-crisis-spawns-entrepreneurs <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>Two years after being laid off from her job as a health and safety consultant, Ana Luis has found a new, quite different occupation.</p> <p>The blue-eyed, blonde-haired 46-year-old stands busy in the window of her very own dress shop in Valladolid, northeastern Spain, deftly fixing clothes on a dummy.</p> <p>For Ana, it was a childhood dream come true -- one born of the nightmare of redundancy.</p> <p>Left jobless like millions of others in Spain's recession, she did what many are also doing, for want of an alternative: launched her own business.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130210/spain-jobs-crisis-spawns-entrepreneurs" target="_blank">read more</a></p> Economics Recessions Socioeconomics AFP Mon, 11 Feb 2013 04:33:04 +0000 5752305 at http://www.globalpost.com Children of Europe's debtor countries pushed into poverty - charity http://www.globalpost.com/dispatch/news/thomson-reuters/130214/children-europes-debtor-countries-pushed-poverty-charity <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>* More children on poverty line in five countries</p> <p>* Poorest children of five in Spain and Greece</p> <p>* Charity blames austerity cuts</p> <p>By Claire Davenport</p> <p>BRUSSELS, Feb 14 (Reuters) - Almost a third of children in Greece, Ireland, Portugal, Italy and Spain have been pushed to the brink of poverty by austerity designed to bring down public debt, the global charity Caritas said on Thursday.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130214/children-europes-debtor-countries-pushed-poverty-charity" target="_blank">read more</a></p> Business Development Economics Socioeconomics Thomson Reuters Thu, 14 Feb 2013 09:32:28 +0000 5755313 at http://www.globalpost.com