Result Page 189 for Unemployment news & latest pictures from ibtimes.com

Auto layoffs boost jobless claims

The number of U.S. workers filing new claims for jobless benefits rose more than expected last week, government data showed on Thursday, pushed up by auto plant shutdowns related to Chrysler's bankruptcy.

Spanish government to subsidize new auto purchases

Spanish Prime Minister on Tuesday announced a subsidy of 2,000 Euros (2,700 dollars) for motorists wanting to buy a new car in a bid to ease recession tension.

Pimco says slow global growth the new normal

Higher unemployment, slow global growth and persistent government intervention in financial markets and companies will become the new normal for world economies, the chief executive of top bond fund Pimco said on Tuesday.

U.S. stimulus to save 3.5 million jobs by end 2010: official

The Obama administration's fiscal stimulus plan will meet previous estimates to save 3.5 million U.S. jobs by the end of 2010, but the unemployment rate at that time may be higher due to further deterioration in the economy, a senior administration official said on Monday.

More news

U.S. sheds fewest jobs in 6 months

U.S. employers cut 539,000 jobs last month, the fewest since October, according to government data on Friday that signaled the economy's steep decline might be easing and gave the stock market a boost.

U.S. unemployment rate reaches 8.9 percent

The month of April was no different to the previous as U.S. employers were once again left with no option but to slash their workforce yet again as the recession took another bite of the economy, slashing jobs by 539,000.

U.S. sheds 539,000 jobs in April, fewest in 6 months

U.S. sheds fewest jobs in six months

U.S. employers cut 539,000 jobs last month, the fewest since October, according to government data on Friday that signaled the economy's steep decline may be easing.

Daily Report: Calm Reactions to Stress Test Results, Focus Turns to Non-Farm Payroll

Reactions to the stress test result for the 19 banks are rather calm. The Fed determined that 10 US banks must raise a total of $74.6B. In other words,9 of the biggest baAnks have enough capital to withstand a deeper recession.

U.S. jobless rate at 25-year high

U.S. employers cut a smaller-than-expected 539,000 jobs in April, the smallest amount since October, according to government data on Friday that hinted at some improvement in the labor market and the recession-hit economy.

U.S. payrolls fall by 539,000

Signs of stability seen as U.S. jobless claims dip

An unexpected drop in new claims for U.S. jobless aid hinted that the country's battered labor market might be steadying, government data showed on Thursday, although employment conditions remain very weak.

EU plans on fighting unemployment

European governments, employers and trade unions agreed on a plan Thursday to fight fast- rising unemployment.

U.S. jobs data likely less bleak in April

U.S. non-farm payrolls data on Friday will likely show the pace of lay-offs eased in April, potentially adding fuel to a two-month stock market rally even though the jobless rate looks set to hit a 25-year high.

Private sector jobs data adds to economic hopes

The pace of private-sector U.S. job losses slowed dramatically last month, while future planned layoffs also declined, and the hard-hit housing sector showed signs of improvement last week.

U.S. planned layoffs fall to 6-month low in April

Planned layoffs at U.S. firms fell for a third consecutive month in April, hitting their lowest since last October and providing yet another sign that the world's largest economy may be bottoming out.

U.S. private-sector job losses slow

U.S. private-sector job losses slowed much more than expected in April, hitting their lowest since November last year, according to a report by ADP Employer Services on Wednesday.

U.S. private sector job losses at 5-month low

U.S. private sector job losses slowed in April, according to a report by ADP Employer Services on Wednesday, hitting their lowest since November last year and surprising economists who had expected a much worse result.

Bernanke sees U.S. economy turning up this year

The U.S. economy is on track for a recovery later this year, but the pickup is likely to be sluggish and the jobless rate is likely to rise further, Federal Reserve Chairman Ben Bernanke said on Tuesday.

U.S. jobs data a stress test of its own

The U.S. government will release the findings on bank stress tests this week, and data expected to show another month of crushing job losses will also test emerging optimism on global economic prospects.

Small businesses dig in heels as recession bites

Vanessa Baug knows as well as anyone how the recession has ushered in a new era of frugality for Americans. Sales at her once-thriving jewelry store have plummeted. Some days she sells nothing.

USD Mixed

The greenback was in the Thursday session, higher against the yen while slumping against the Australian dollar.

French protest Sarkozy's crisis response

Thousands joined May Day demonstrations around France on Friday to protest President Nicolas Sarkozy's social policies and his handling of the financial crisis.

U.S. jobless claims fall; incomes, spending ease

The number of U.S. workers filing new claims for unemployment aid fell unexpectedly last week, suggesting the pace of layoffs was easing, even as benefit rolls in mid-April swelled to another record high.