Unemployment News

Washington - US job creation picked up pace in February after harsh weather depressed the numbers for two months, somewhat alleviating worries that economic growth had sputtered out during the winter.The economy generated 175,000 jobs last month, better than most a...

Washington - The US generated 175,000 jobs in February, data showed Friday, a modest rebound from two disappointing, weather-beaten months that analysts said suggests economic growth remains on track.The figure, which came after a series of poor indicators that had...

Washington - The US economy generated 175,000 jobs in February, data showed Friday, a modest rebound from two poor months when weakness was blamed on harsh winter weather.

Paris - Data released Thursday showed that French unemployment fell at the end of last year, suggesting a key campaign promise by President Francois Hollande has indeed been kept.

Washington - First-time claims for US unemployment benefits fell last week to a three-month low but remained little changed from a year ago, according to official data released Thursday.Initial jobless claims totaled 323,000 in the week ending March 1, a decline of...

Madrid - Spain's government hailed Tuesday a wafer-thin cut in the nation's jobless queues in February, a fresh sign that the labour market is stabilising after the loss of millions of jobs since 2008.The number of people registered as unemployed dipped by just...

Madrid - IMF chief Christine Lagarde declared Monday that Spain's economy has "turned the corner" but warned it must now focus on creating jobs to battle a 26-percent unemployment rate.Spain's economy grew in the second half of 2013 after a two-year downturn, t...

Brussels - The eurozone unemployment rate was steady at a near-record 12 percent in January, with a modest economic recovery yet to produce any sharp headline improvement, while February inflation was also flat, data showed on Friday.The official figures suggest ...

Rome - Italy's unemployment rate reached a record 12.9 percent last month and youth joblessness also hit the highest-ever level at 42.4 percent of 15-24-year-olds not in school or university, official data showed on Friday.The Istat data agency figures also r...

German unemployment dropped in February to its lowest level in nearly 1-1/2 years, boding well for domestic demand, which the government hopes will help drive growth this year.