Unemployment http://www.globalpost.com/taxonomy/term/23131/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 GLOBAL ECONOMY-US activity picks up, hopes for euro zone rise http://www.globalpost.com/dispatch/news/thomson-reuters/130104/global-economy-us-activity-picks-hopes-euro-zone-rise <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>* US services sector expands in Dec, hiring up sharply</p> <p>* U.S. employers add 155,000 jobs across economy in Dec</p> <p>* Surveys suggest euro zone downturn is easing</p> <p>* UK service sector declines, fourth quarter contraction seen</p> <p>By Steven C. Johnson and Andy Bruce</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130104/global-economy-us-activity-picks-hopes-euro-zone-rise" target="_blank">read more</a></p> Business Business cycle Economic history Economics Economist Economy of the European Union Economy of the People's Republic of China Economy of the United States Entertainment Euro Health Labor Law Macroeconomics Person Career Quotation Recessions Social Issues Unemployment United States housing bubble Thomson Reuters Fri, 04 Jan 2013 17:18:00 +0000 5731144 at http://www.globalpost.com Britain's FTSE sets highest closing level in nearly 2 years http://www.globalpost.com/dispatch/news/thomson-reuters/130104/britains-ftse-sets-highest-closing-level-nearly-2-years <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <p>* FTSE 100 adds 0.7 percent</p> <p>* Index rallies on U.S. jobs report after slow start</p> <p>* Concerns of early end to Fed monetary easing subside</p> <p>* BP leads gainers after Transocean settlement</p> <p>By Alistair Smout</p> <p>LONDON, Jan 4 (Reuters) - Britain's top shares registered their highest closing level for nearly two years on Friday, taking a cue from U.S. jobs data which suggested a broad-based labour market recovery.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130104/britains-ftse-sets-highest-closing-level-nearly-2-years" target="_blank">read more</a></p> BP Disaster Economics Federal Reserve System Macroeconomics Man Made Disaster Monetary policy Person Career Quantitative easing Quotation Transocean Unemployment Thomson Reuters Fri, 04 Jan 2013 17:56:58 +0000 5731153 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 ANALYSIS-Doom scenario far-fetched but euro gloom to deepen http://www.globalpost.com/dispatch/news/thomson-reuters/130108/analysis-doom-scenario-far-fetched-euro-gloom-deepen <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>* Social cohesion to be tested as debt strains take toll</p> <p>* Greece under microscope; some worry over Spain</p> <p>* Welfare state cushions pain but long-term cost is high</p> <p>By Alan Wheatley</p> <p>LONDON, Jan 7 (Reuters) - It would be fair to say that U.S.<br /> hedge-fund manager Kyle Bass does not expect the explosion in<br /> global debt in recent years to turn out well.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130108/analysis-doom-scenario-far-fetched-euro-gloom-deepen" target="_blank">read more</a></p> Business Company Location Contact Details Economic history Economics Economy of the European Union Euro Humanities Late-2000s financial crisis Law Man Made Disaster Person Career Person Location Quotation Technology Unemployment Thomson Reuters Tue, 08 Jan 2013 14:05:59 +0000 5731572 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 UPDATE 1-French employers cede ground in labour reform talks http://www.globalpost.com/dispatch/news/thomson-reuters/130111/update-1-french-employers-cede-ground-labour-reform-talks <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>* Talks on labour reform expected to conclude on Friday</p> <p>* Employers offer concession on core union demand</p> <p>* Negotiated deal would be win for Hollande</p> <p>By Nicholas Vinocur and Yann Le Guernigou</p> <p>PARIS, Jan 11 (Reuters) - French employers offered concessions on unions' core demand in talks to overhaul labour rules on Friday, raising the chances of an agreement that would bolster President Francois Hollande's credibility as a reformer.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130111/update-1-french-employers-cede-ground-labour-reform-talks" target="_blank">read more</a></p> Business Health Labor Labour relations Law Social Issues Unemployment United Kingdom labour law Thomson Reuters Fri, 11 Jan 2013 17:30:35 +0000 5733262 at http://www.globalpost.com European shares extend gains after U.S. data http://www.globalpost.com/dispatch/news/thomson-reuters/130117/european-shares-extend-gains-after-us-data <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>LONDON, Jan 17 (Reuters) - European shares extended gains on Thursday afternoon after stronger-than-expected U.S. jobs data sent a hopeful sign for the world's largest economy.</p> <p>The number of Americans filing new claims for unemployment benefits tumbled to a five-year low last week, the Labor Department said. It was the largest weekly drop since February 2010.</p> <p>The FTSEurofirst 300 index of pan-European shares added to gains after the data was published to trade 0.4 percent higher at 1,164.60 at 1340 GMT.</p> Labor Politics Unemployment Thomson Reuters Thu, 17 Jan 2013 14:00:23 +0000 5735599 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 5742763 at http://www.globalpost.com US jobless rate rises to 7.9% http://www.globalpost.com/dispatch/news/afp/130201/us-jobless-rate-rises-79-0 <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 US unemployment rate rose to 7.9 percent in January from 7.8 percent in December and the economy added 157,000 jobs, the Labor Department said Friday.</p> <p>After a sweeping revision of 2012 data, the department also said monthly job growth averaged 181,000 last year, well above its prior estimate of 153,000 jobs.</p> <p>December's jobs gains were revised 26 percent higher, to 196,000.</p> <p>The 7.9 percent jobless rate was close to the level where it has been since September.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130201/us-jobless-rate-rises-79-0" target="_blank">read more</a></p> Economics Health Labor Labor economics Social Issues Unemployment AFP Fri, 01 Feb 2013 14:45:24 +0000 5743073 at http://www.globalpost.com Spanish registered unemployed rises to 4.98 mn in January http://www.globalpost.com/dispatch/news/afp/130204/spanish-registered-unemployed-rises-498-mn-january <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 number of Spaniards officially registered as unemployed rose to 4.98 million in January, according to Labour Ministry data released Monday, as the country's recession deepened.</p> <p>The number of officially unemployed in the eurozone's fourth-largest economy rose by 2.7 percent or 132,055 people over the month.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130204/spanish-registered-unemployed-rises-498-mn-january" target="_blank">read more</a></p> Economy of Spain Unemployment AFP Mon, 04 Feb 2013 09:00:09 +0000 5745111 at http://www.globalpost.com South Africa unemployment drops to under 25% http://www.globalpost.com/dispatch/news/afp/130206/south-africa-unemployment-drops-under-25 <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>South Africa's jobless rate fell by 0.9 points to 24.9 percent in the fourth quarter of 2012 due to jobs created in the construction and agricultural sectors, the national statistics agency said.</p> <p>The number of people without work declined to 4.5 million people from 4.67 million in the previous three months, the agency said in a statement on Tuesday.</p> <p>Employment tends to increase during the fourth quarter in South Africa due to the summer in the southern hemisphere, it added.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130206/south-africa-unemployment-drops-under-25" target="_blank">read more</a></p> South Africa South Africa Unemployment AFP Wed, 06 Feb 2013 10:30:49 +0000 5747328 at http://www.globalpost.com Czech official unemployment rate up in January http://www.globalpost.com/dispatch/news/afp/130208/czech-official-unemployment-rate-january <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>Unemployment in the recession-hit Czech Republic rose to 8.0 percent in January up from 7.4 percent in December, official data showed on Friday.</p> <p>The number of job seekers in the EU member of 10.5 million rose to 585,809 in January, labour and social affairs ministry figures showed.</p> <p>The data was calculated using a new statistical method which also showed the unemployment rate to have risen on an annual basis from January 2012 when adjusted figures put unemployment at 7.1 percent.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130208/czech-official-unemployment-rate-january" target="_blank">read more</a></p> Economics Unemployment AFP Fri, 08 Feb 2013 11:46:15 +0000 5749922 at http://www.globalpost.com Canada unemployment rate falls to 7.0 % http://www.globalpost.com/dispatch/news/afp/130208/canada-unemployment-rate-falls-70 <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>Canada shed 22,000 jobs last month, but a decline in the number of job hunters pushed the unemployment rate down 0.1 percentage points to 7.0 percent, the government statistics agency said Friday.</p> <p>Fewer people were working in educational services and manufacturing in the month, while employment rose in construction and public administration, according to Statistics Canada.</p> <p>The public sector shed 27,000 jobs while self-employment was up slightly, it said. There was little change in the number of private sector jobs.</p> <p>amc/ch</p> Labor economics Politics Unemployment AFP Fri, 08 Feb 2013 14:19:59 +0000 5750101 at http://www.globalpost.com FACTBOX-Political risks to watch in France http://www.globalpost.com/dispatch/news/thomson-reuters/130208/factbox-political-risks-watch-france <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>PARIS, March 1 (Reuters) - President Francois Hollande's pledge to steer France's economy towards recovery is crumbling as faltering growth drives unemployment to new highs and erodes his fiscal credibility.</p> <p>After saying late in February he had given up hope of bringing the public deficit below an EU ceiling of 3 percent of economic output this year, the Socialist leader will have to persuade sceptical euro zone partners that Paris should get an extra year.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130208/factbox-political-risks-watch-france" target="_blank">read more</a></p> Business Entertainment Francois Hollande Fran├žois Hollande Labor Law Social Issues Unemployment War Welfare reform Thomson Reuters Fri, 08 Feb 2013 18:15:52 +0000 5750411 at http://www.globalpost.com