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... 

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.... 

A package of measures proposed by the Italian government aimed at improving its struggling economy has received final approval by the country’s parliament. The package, approved on Friday, includes measures aimed at reorganizing financial resources, limiting bureaucracy, and improving the country’s civil justice system. The package prioritizes infrastructure by allocating some 3 billion euros... 

Fresh data show that the unemployment rate in debt-ridden Greece hit a record high in May, with youth accounting for the largest jobless number. Greece’s jobless rate reached 27.6 percent in May, up from 27.0 percent in April, according to a report released on Thursday by Greece’s statistic service LSTAT. The agency added that the youth aged between 15 and 24 were hit the hardest with a 64.9 unemployment... 

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... 

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’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... 

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... 

Thousands of Spaniards attend an anti-austerity demonstration in the capital Madrid, on June 16, 2013. Thousands of Spaniards have staged rallies across the country to express resentment against austerity measures, recession and the soaring rate of unemployment in the country. The protests took place on Sunday in 29 cities including the capital Madrid, the country’s second-largest city, Barcelona,... 

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... 

A woman holds her child as she begs outside shops displaying Christmas offers in central Athens. Almost 600,000 children in Greece are living below the poverty line, a UNICEF official says. “The situation is very worrying. The problems of poverty and social exclusion are increasing,” President of UNICEF in Greece, Lambros Kanellopoulos, said on Wednesday. Kanellopoulos added that the situation... 

Demonstrators marching during a protest against austerity measures in Italy’s capital, Rome. Thousands of Italians have taken to the streets in the capital Rome to protest against tough austerity measures adopted by the government of Prime Minister Mario Monti. Thousands of anti-austerity demonstrators gathered in Rome’s Piazza della Repubblica on Saturday, expressing their anger at the government’s... 

Thousands of demonstrators in Madrid take part in a Labor Day protest against the Spanish government’s austerity policies, May 1, 2013. Thousands of protesters have staged rallies in Spain to express resentment against austerity measures, recession and the soaring rate of unemployment in the country. Spaniards took to the streets in some 80 cities in trade union-organized Labor Day demonstrations... 

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,... 

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...