UNEMPLOYMENT

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Jobs become focus of new World Bank Africa plan

A new World Bank strategy for Africa unveiled on Wednesday focuses on creating jobs and making economies more competitive, while also tackling problems of climate change, disease, food shortages and conflict.

US stocks rise as jobless claims dip

Traders work on the floor of the New York Stock Exchange
U.S. stocks advanced in early trade on Thursday after official data showed that applications for jobless benefits in the U.S. fell unexpectedly last week to reach the lowest level since May 2008, indicating an improving labor market.
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Japan job availability at 2-yr high; recovery widens

Japan's jobless rate held steady in January and the availability of jobs improved to a two-year high, adding to growing signs the economy is gradually recovering from stagnation. Household spending marked its fourth straight month of annual declines in January but the pace of the fall slowed from December, suggesting that improvements
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Analysis: U.S. immigration probe fears weigh on Chipotle

An investigation by U.S. immigration officials into illegal unemployment at Chipotle Mexican Grill Inc (CMG.N) is making some investors nervous and could have implications for the fast-food industry as a whole. Chipotle, based in Denver, is one of the highest-profile employers to come under the scrutiny of Immigration and Customs Enforcement (ICE) in recent years.
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East Asia growth may need to slow: World Bank's Lin

East Asia's economy may need to slow to address inflationary pressures but the region will likely continue to lead the globe in economic activity, World Bank Chief Economist Justin Yifu Lin said on Monday.
Oman's leader Sultan Qaboos bin Said

Oman protests spread, road to port blocked

Demonstrators blocked roads to a main port in northern Oman and looted a nearby supermarket on Monday, part of protests to demand more jobs and political reform that have spread to the sultanate's capital.
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Sun Intl H1 profit flat, sees tough H2

South African gaming and hotels group Sun International Ltd reported a flat first-half profit, hit by unfavourable swings in currencies and warned of little growth for the remainder of the year.
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Mexico seasonally adjusted jobless rate dips in Jan

Mexico's unemployment rate, adjusted for seasonal swings, fell to 5.23 percent in January from 5.55 percent the previous month, aided by a recovery in Latin America's second largest economy, official data showed.
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Jobless claims drop signals improvement

Jobless claims fell more than expected last week, dragging down a closely watched moving average to a more than 2-1/2-year low in a sign the labor market was gradually healing.
A sign announces a section of road work funded by the American Recovery and Reinvestment Act U.S. economic stimulus plan in the Denver area

U.S. budget analysis: Stimulus boosted employment

The non-partisan U.S. Congressional Budget Office said on Wednesday the economic stimulus plan enacted in 2009 boosted U.S. employment by as much as 3.5 million people in the final quarter of last year. The report said the cost of the economic program enacted by the then Democratic-controlled Congress and signed into law
Traditional letter delivery business

Swiss employment up in Q4, set for further growth

Swiss employment rose further in the fourth quarter, spurred by new manufacturing jobs, and was set to increase more in 2011, a boon to consumer spending. Swiss non-farm payrolls rose 1.2 percent year-on-year to 4.085 million, the Federal Statistics
Charles and Diana

COLUMN: Charles and Diana will be a hard act to follow

It will be awfully hard for William and Kate’s nuptials to match the intense media coverage and global impact of another Royal Wedding from thirty years ago -- when William’s parents Prince Charles and Lady Diana Spencer were married

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