Linda Young – AHN News Writer Adelaide, Australia (AHN) – The unemployment rate in Australia unexpectedly increased in July to 5.1 percent, according to a report by the Australian Bureau of Statistics (ABS). Australia’s jobless rate rose by 0.1 percentage point from June’s 4.9 percent. That puts the jobless rate at its highest level since [...]
Linda Young – AHN News Writer Washington, DC, United States (AHN) – First time claims for jobless benefits for the week ending July 23 crept down slightly to 398,000, which was just below the critical 400,000 mark for the first time since April. That number was down by 24,000 from the prior week’s figure of [...]
Linda Young – AHN News Writer Berlin, Germany (AHN) – Manufacturing growth in eurozone countries slowed in June, but unemployment has not increased although inflation is troubling. Exports and domestic demand both fell to an 18-month low, according to a survey by Markit’s. Its Manufacturing Purchasing Managers’ Index (PMI) dropped to 52.0 June down from [...]
Linda Young – AHN News Writer Washington, DC, United States (AHN) – Initial jobless claims remained above the 400,000 mark for the 11th consecutive week and moved up slightly by 9,000 to a seasonally adjusted 429,000 for the week ending June 18. It was another sign that the jobs sector has not begun a recovery [...]
Linda Young – AHN News Writer Athens, Greece (AHN) – Greek state workers are striking to protest government plans to sell state assets to reduce debt over fears that privatization will bring job losses. While employees at state companies slated for privatization staged a 24-hour strike, thousands of other government employees staged a mid-morning walkout [...]
Linda Young – AHN News Writer Washington, D.C., United States (AHN) – The latest US employment report revealed a major slowdown in the number of jobs created in May with the economy only adding 54,000 jobs to payrolls, not even enough to keep up with growth in the workforce. It was a sharp contrast to April when the [...]
Linda Young – AHN News Writer Washington, D.C., United States (AHN) – Initial jobless claims declined by 29,000 to 409,000 for the week ending May 14 compared to the previous week’s tally of 438,000 claims. That is still above the 400,000 mark. Analysts say first time unemployment compensation insurcance claims must drop below 400,000 and [...]
Linda Young – AHN News Writer Madrid, Spain (AHN) – Spain’s weak economic recovery stalled in the third quarter, according to data from Spain’s National Statistics Institute. Preliminary figures for the gross domestic product (GDP) from July to September shows it unchanged from Q2. In addition, GDP for the year was only up 0.2 percent [...]
Linda Young – AHN News Writer Washington, DC, United States (AHN) – October saw a net rise in non-farm employment in the United States as employers added 151,000 jobs, which was the highest number of new jobs in five months, according to the Bureau of Labor Statistics (BLS). Nevertheless, it was not enough to affect [...]
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