German unemployment ticked down again in November after falling for four months, but only because of government support for part-time jobs. Retail sales bucked a declining trend and rose. However with deepening unemployment expected the outlook for consumption is bleak warn analysts....
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with Bloomberg’s Deirdre Bolton and Jon Erlichman about his concerns over asset bubbles appearing in the future. Rogoff also discusses Federal Reserve policy, Fed Chairman Ben S. Bernanke's confirmation hearing yesterday, and the outlook for the US labor market. (This is an excerpt of the full i...
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Initial unemployment claims for the week ending December 5 rose by 17,000, to a seasonally adjusted 474,000, the Labor Department said Thursday. This was the first increase for initial jobless claims in six weeks, and the total number of people claiming jobless benefits totaled 10 million, the L...
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French unemployment has lurched further into the red with more than 57,000 people joining the dole queues in October, a two percent rise on September. It’s the strongest rise since April, and brings the total to 2 million, six hundred and twenty seven thousand. The yearly r...
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(Mosaic Intelligence Report: February 20, 2009) The petro-bonanza in the Middle East is over. Unemployment hits 15 percent in many Arab countries. Just less than a year ago as oil prices soared, Arab Gulf countries were the envy of wealth-seekers across the globe. Once hailed as the economic su...
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The nation received some of the best news in two years on the job front last week when the unemployment rate dropped. And there might be some hope ahead for the millions of people still out of work.
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In California they might be forgiven for viewing the latest employment figures somewhat sceptically. US unemployment stabilised in November after rising sharply in previous months. However, companies might be cutting fewer jobs, but that does not mean they are hiring workers. A st...
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The drop in unemployment to 10 percent was an unexpected boost to the economy, but WSJ’s Sudeep Reddy says the rate is likely to stay in double digits for a while yet.
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