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Joblessness News

McDonald's Sales Slumping

The recession has caught up with food giant McDonald's as joblessness was seen as the cause of slumping sales. McDonald's is reporting a sales drop off of 0.6 percent.

In the Media by Michael Bearak

U.S. Hunger Reaches A 14-Year High

More Americans are going hungrier than they have in the past 14 years. The actual figure of those living in households without consistent access to food now comes to 49-million people.

In the Media by Joan Firstenberg

A Mixed U.S. Unemployment Report, With a Hint of Promising News.

The April U.S. unemployment report is mostly bad, with a tiny glimmer of hope. It's up and it's down for a change. Fewer people lost their jobs last month than in six months. But the actual rate of unemployment kept climbing.

In the Media by Joan Firstenberg

UN Predicts 5 Million More Jobless in 2008

The United Nations labour agency predicts that economic turbulence resulting from credit market turmoil and rising oil prices could lead to another 5 million people becoming unemployed this year.

In the Media by Bob Ewing - 2 comments

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Burger King leaves jobless scheme

Burger King becomes the latest firm to pull out of the government's controversial work experience scheme for jobless people.

Watch: Jobless Numbers, Best Buy Layoffs Rattle Markets

Matt Nesto explains why jobless numbers are not as good as they appear.

Eurozone jobless rate hits record

Unemployment in the eurozone reached a record high again in March, as joblessness also rose in Italy.

Watch: U.S. Jobless Claims Near 4-Year Low

Matt Nesto explains how jobless claims, other factors affect world markets.

U.S. jobless claims fall more than expected

A better-than-expected decline in U.S. jobless claims Thursday eased concerns the U.S. labour market is slowing down after a poor jobs report in April.