The federal government uses very carefully manipulated numbers to cover up the crushing economic depression that is going on in this nation. For the month of September, the federal government told us that 142,000 jobs were added to the economy. If that was actually true, that would barely be enough to keep up with population growth. Sadly, the truth is that the real numbers were actually far worse... 

The jobless rate in Australia reaches a 12-year high. Official figures show that the unemployment rate in Australia reached a 12-year high of 6.4 percent in the month of January. The Australian Bureau of Statistics said on Thursday that the number of full-time employment had dropped by 28,100 last month. “The decrease in employment was driven by decreased full-time employment for both males (down... 

A recent study has shown that less than one out of two working-age Italians held a job last year, amid a decade-long employment crisis, Press TV reports. The study conducted by Bruno Trentin Association, linked to the Italian General Confederation of Labour (CGIL), found that Italy’s employment rate stood at almost 49 percent in 2013. The report also found that even though the country’s unemployment... 

New figures show that Australia’s unemployment rate relapsed to a decade-high of six percent in June. Data released by the Australian Bureau of Statistics (ABS) on Thursday showed a 0.1-percentage-point increase in the unemployment rate in June, matching the highest since July 2003. This is while economists had expected the jobless rate to stay at the revised rate of 5.9 percent in May, up from... 

Canada’s unemployment rate has edged up to 7.1 percent as government data showed the economy unexpectedly shed thousands of jobs in June. Canada’s jobless rate increased to 7.1 percent from 7.0 percent in May, marking the highest record in six months, Statistics Canada reported on Friday. Economic growth also fell below expectations as the country shed some 9,400 jobs in June. The total number... 

Mainstream financial pundits are falling over themselves today following a report from the Labor Department indicating that the national unemployment rate has fallen yet again, this time to just 6.3%. The Associated Press, whose report on the new rate is being distributed to news services around the country, says this is “the strongest evidence to date that the economy is picking up.” They cite... 

An Italian man reads job offers outside a recruitment agency in the city of Milan. Southern Italy has lost 600,000 jobs over the past six years and the area has lost some 43.7 billion euros of its gross domestic product (GDP) during the economic crisis, a report shows. The data was released on Friday by the country’s industrial employers’ association Confindustria. The association also said that... 

The rising unemployment rate in Germany has forced an increasing number of people to permanently move to campgrounds in an attempt to save money. According to a report published by Spiegel Online International on Wednesday, thousands of people have transformed campsites from holiday spots to residential communities. They say they cannot afford living in urban areas. “Over the last 10 years, more... 

The World Economic Forum (WEF) has warned that a lost generation of jobless youth in the eurozone could tear Europe apart if policymakers fail to address the chronic levels of unemployment. The warning came on Friday, as the WEF presented its outlook on the global agenda for 2014. “There is a growing consensus on the fact that unless we address chronic joblessness we will see an escalation in social... 

Spain’s unemployment has increased sharply in October, leaving some 87,000 more Spaniards without work, data from the labor ministry shows. The ministry released the data on Tuesday, putting the number of registered jobless last month at 4.81 million. The increase followed another rise in September of over 25,000 people. Analysts say the reason for the two months of decline is due to layoffs in... 

Amaya Muñoz cries in the arms of friends on being evicted from her home; the operation was conducted by 100 police officers. This is the mirror image of the horror affecting countless families across Spain, who are losing their jobs and their homes in the most shocking wave of austerity. Amaya Muñoz is the drama of the Spanish population facing austerity policies: she is jobless and homeless. “You... 

Official figures show that the unemployment rate in Greece jumped to 27.6 percent in July from a revised 27.5 percent in June, as the financial crisis continues to take its toll on jobs in the country. Greece’s statistics service ELSTAT said on Thursday that 1.36 million people were unemployed in July, up ten percent from a year earlier. The country’s jobless rate was over twice the eurozone’s... 

Official figures show that the unemployment rate in Spain has increased again with nearly five million people out of work in the recession-hit country. Figures released by Spain’s Labor Ministry on Wednesday indicated that the number of people registered as out of work rose by 25,572 people in September. The ministry added that the total number of unemployed people in Spain remained at around 4.7... 

Official data shows Greece’s unemployment rate rose to a new record high in July as the country continues to grapple with a recession-hit economy following the implementation of tough austerity measures. The Greek Statistical Authority said on Thursday that the jobless rate rose to 27.9 percent in July from 27.6 percent in June, marking a sharp rise compared to last year when the jobless rate stood... 

A German flag flies in front of the Bundesbank headquarters in Frankfurt. A report has revealed a document showing Germany’s central bank predicts that the recession-hit Greece will need more rescue loans from its international creditors by the start of the next year. According to the report published by prominent German magazine Der Spiegel earlier this week, the document from the Bundesbank...