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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...
Spain jobless rate hits new record
People wait in line at a government employment office in Madrid, Spain.
Official data show that the unemployment rate in Spain climbed to a new record of 27.16 percent of the workforce in the first quarter of 2013.
According to new figures released by Spain’s National Statistics Institute on Thursday, the total number of unemployed people in the country has passed the six million mark, reaching to...
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...
French unemployment rate at 16-year high
Jobseekers wait in line at a French job center in Paris
The number of jobless people in France has climbed towards a record high in February for the 22nd month running, and has reached its highest level since 1997.
Data released from the French Labor Ministry showed on Tuesday that the number of registered jobseekers in the eurozone’s second-largest economy rose by 18,400 from January to 3.188...
Hispanics to become majority ethnic group in California next year
California’s population is experiencing a cultural makeover.The troubled economy is driving out the middle class to more prosperous areas of the country. Now, the future of America’s most populous state belongs more to immigrants than ever before.
US Census data shows more than 41-thousand immigrants moved to Los Angeles county just in the past year.
During the same period, more than 100-thousand...
Greece's unemployment rate hits 26.4%
People wait outside an unemployment bureau in the Greek capital, Athens.
Official figures show that the unemployment rate in Greece rose above 26 percent in December 2012, as the country embarks on its sixth year of recession.
The Greek statistics office ELSTAT announced on Thursday that the unemployment rate hit 26.4 percent in December, which is five percent more than the data registered in 2011.
The...
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...
French workers hold demo to save jobs
Goodyear employees gather around burning tires outside the Goodyear tire company in the northern French city of Amiens on February 26, 2013.
French workers have held a demonstration in the northern city of Amiens against the impending closure of a troubled tire plant in the city.
The workers at Goodyear Dunlop Tires France have been trying to save their jobs for more than five years, but in a last-ditch...
Shocking Numbers That Show The Media Is Lying About Unemployment In America
Did you know that the percentage of the U.S. labor force that is employed has continually been falling since 2006 according to the Bureau of Labor Statistics? Did you know that the increase in the number of Americans “not in the labor force” during Barack Obama’s first four years in the White House was more than three times greater than the increase in the number of Americans “not in the labor...
Belgian police fire water canons to disperse striking ArcelorMittal workers
Water cannons have been used against stone-throwing demonstrators in the Belgian city of Namur, as thousands rallied against the closure of a factory that will put an end to 1,300 jobs.
Dozens of riot police were deployed to quell the tensions.
Many protesters are wearing respirators to protect themselves against the police crackdown.
The rally followed an announcement by ArcelorMittal, the world’s...
French Peugeot sales drop by 16.5 % amid eurozone crisis
The logo of French car maker PSA Peugeot is seen on a car parked in front of French Economy minstry in Paris, September 11, 2012.
French auto-giant Peugeot has reported a 16.5 percent drop in sales of cars and spare parts worldwide as Europe’s financial crisis takes its toll on the country.
The business, known fully as PSA Peugeot Citroen, recorded worldwide unit sales in 2012 of “assembled vehicles...
Renault warns unions of factory closures amid cuts, layoffs
Employees of “Auto Chassis International” owned by French automaker Renault, attend a rally to protest against job cuts in Le Mans, western France on January 23, 2013.
Renault has officially warned unions that car factories will close unless they seal an agreement of salary cuts and thousands of layoffs in the floundering company.
“If there is no deal, it is impossible to leave things...
US Labor Unions hit lowest membership point in 7 decades
In 2012, full-time union members had a median weekly salary of USD 943, with their non-union counterparts earning only USD 742.
A new report shows that American labor unions have experienced their worst decline in membership in nearly 80 years, mainly due to losses of public sector workers.
The Bureau of Labor Statistics said on Wednesday that the union membership rate fell from 11.8 to 11.3 percent...
New Zealand calls on Hobbit makers to pay back $56 million subsidy
New Zealand calls on Hobbit makers to pay back $56 million subsidy
Following the tremendous box office success of The Hobbit film a New Zealand official has called on the moviemakers to repay the $56 million (NZ$67 million) subsidy they received from the country’s taxpayers to fund shooting in New Zealand.
The first movie in Peter Jackson’s upcoming trilogy based on J.R.R.Tolkien’s best-selling...