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Canada's unemployment rate hits 7.2 percent in July
Canada’s unemployment rate has climbed to 7.2 percent, with a record number of layoffs in the public sector, Press TV reports.
The Bank of Canada reported recently that the country’s economy lost 39,400 jobs in July, which pushed the jobless rate up 0.1 percentage points compared to the previous month.
The area, which suffered the largest loss was the public sector with 74,000 layoffs last month....
Greeks protest ahead of parliamentary vote on new job cuts
Greek workers march in protest during a day of general strike in Athens on July 16, 2013.
Tens of thousands of Greek public sector workers have staged a new day of protest ahead of a parliamentary vote that would facilitate the layoff of thousands of workers.
The Wednesday protest gathered municipal workers and mayors in Athens just before lawmakers sit to vote a bill that will put 4,200 civil servants...
Greece March Unemployment Rate Hits New Record 26.8%
The unemployed make up nearly 6 in 10 young people under 25 years of age – unemployment continues to climb.
The nightmare of unemployment does not end, especially among young people. For another month, Greece is … “the champion” in unemployment, with 26.8% of the working population without a job. 26.8% is an increase from the month before, February was 26.7% according to figures released...
Eurozone unemployment hits previous high of 12.1% in May
A homeless sleeps at the entrance of a bank in Milan, Italy on June 27, 2013.
Recent figures released by the Eurostat data agency show the eurozone unemployment rate has hit its previous record-high of 12.1 percent in May.
According to the data, the jobless rate rose 0.1 percentage in May after the previous months’ figures were amended down from 12.2 percent to 12.0 percent.
Approximately 19.22...
Italy unemployment rate hits new record high in May
Italy’s unemployment rate has risen to a new record high in May as the country is struggling with a recession-hit economy following implementation of tough austerity cuts.
The Rome-based national statistics office, Istat, said on Monday that the jobless rate rose to 12.2 percent in May from 12 percent in April, the highest since the institute started collecting data on Italy in 1977.
The eurozone’s...
Tens of thousands of Italians protest against unemployment, high taxes
Italian students protesting against austerity measures
Tens of thousands of workers and jobless people have taken part in a rally in the Italian capital, Rome, in protest against the country’s rising unemployment rate and unfair taxes.
Italy’s three largest labor union confederations, the CGIL, CISL, and the UIL, organized the Saturday rally.
The protesters slammed the government of Prime Minister...
Eurozone unemployment rate hits record 12.2 percent
People waiting in line at a government employment office in Spain.
Fresh data reveal the eurozone unemployment rate has hit a record high of 12.2 percent in April, with around 19.2 million receiving government financial assistance as recession continues to take its toll on European economies.
The Eurostat data agency said on Friday that a total of 1.6 million people have lost their jobs in the eurozone...
3.26 million jobless in France in April: Labor Ministry
An office of the French state-run employment agency, Pole Emploi, in the northern Paris suburb of Pantin.
The French Labor Ministry says the number of unemployed people reached a record high of 3.26 million in April.
The ministry said on Thursday that the number of registered jobseekers in the eurozone’s second-largest economy increased by 39,800 last month, marking the 24th consecutive monthly...
Greece's youth unemployment hits 60%
Rise: A man walks outside a Greek Manpower Employment Organisation office,in central Athens. Greek youth unemployment rose above 60 percent for the first time in February
Greek youth unemployment rose above 60 per cent for the first time in February, reflecting the pain caused by the country’s crippling recession after years of austerity under its international bailout.
Greece’s jobless...
Eurozone unemployment rate hits record 12.1 percent in March
Eurozone unemployment rate hits a record 12.1 percent in March 2013.
The Eurostat data agency says eurozone unemployment rate has hit a record-high 12.1 percent in March, up by 62,000 from the previous month.
According to the data, some 19.2 million people in the eurozone are receiving government financial assistance.
As the jobless rate in the 17-nation eurozone climbed for the 23rd consecutive month,...
Over 3.2 million jobless in France: Labor Ministry
An office of the French state-run employment agency, Pole Emploi, in the northern Paris suburb of Pantin.
The French Labor Ministry says the number of unemployed people in France increased by 36,900 in March, reaching 3.224 million for the first time since 1997.
The French ministry said on Thursday that the number of registered jobseekers in the eurozone’s second-largest economy surged by 1.2...
Sweden's jobless rises to 8.8%
Swedes stand waiting at a job fair in the northern city of Arjeplog.
The Swedish national statistics office has reported that the country’s unemployment rate increased to an unadjusted 8.8 percent, mostly caused by a reckless immigration program. A 2011 Statistics Sweden (SCB) report showed that around 1.858.000 (19.6%) inhabitants of Sweden had foreign background.
Statistics Sweden (SCB) published...
5 million people unemployed in Spain
Spaniards stand in line outside an unemployment office in Madrid.
The Spanish Labor Ministry says the number of people who are officially registered as unemployed in Spain has surpassed a record five million.
The ministry released the data on Monday, also announcing that the number of the people who registered for unemployment benefits increased by 59,444 or 1.2 percent in February, compared to a month...
Greece unemployment rate hit 26.8 percent in October
Greek Prime Minister Antonis Samaras arrives at the Finance and Development Ministry in Athens for a meeting with the Development minister, January 9, 2013.
New official data show that Greece’s unemployment rate increased to 26.8 percent in October as the eurozone country witnesses a sixth year of recession.
“Unemployment in October 2012 was 26.8 percent, compared with 19.7 percent in October...
Eurozone jobless rate at record high of 11.8% amid debt crisis
Eurozone jobless rate hits new record at 11.8 percent in November 2012.
Official data show the unemployment rate in the eurozone has hit a new record in November, 2012, as the 17-nation bloc continues to grapple with worsening financial crisis.
According to official figures, the jobless rate for November reached 11.8 percent, up from 11.7 percent in October.
November comes as the eurozone’s 19th...