The latest employment numbers are in for Europe – and they aren’t encouraging. The 27-nation bloc is bleeding jobs, with the rate up across most of the European Union in March, according to Eurostat. In total, some 26 million people of working age, are unemployed. And youth joblessness is roughly double the overall rate for Europe. RT’s Tesa Arcilla reports it takes more than just numbers to see the true [...]
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http://www.stamfordmercury.co.uk/new…-tax-1-4625416 So here we are starting to see the disturbing reality of the governments spending cuts as councils across the country begin to send the jobless further into poverty. Now we will begin to see just how many people really are on the dole as the torys again light the flame to civil unrest. Although I was a bit young when the poll tax riots kicked off here in the UK [...] Millions of workers are facing insecurity, moving in and out of jobs, and poverty, according to a new report from MSN Money: Millions of workers are facing insecurity, moving in and out of jobs, and poverty, according to a new report. The Joseph Rowntree Foundation (JRF) said over six million people classed as living in poverty, were in households where people worked. Excluding pensioners, in-work poverty now outstrips workless poverty, while 1.4 million people were [...] Excerpt and Link from the BLS site… Nothing is ever as its presented by the media, see the last sentence in the excerpt…, then go to the link. “The civilian labor force participation rate (63.8 percent) and the employment-population ratio (58.5%) were little changed in March. (See table A-1.) The number of persons employed part time for economic reasons (sometimes referred to as According to data from the Bureau of Labor Statistics, there were 147 million working Americans in mid- 2008. Today, approximately only 140 million people in the United States are working. While a small portion of this decline has been due to baby boomers beginning to retire, the labor market shows more than 8 million jobs lost. The U.S. adds approx. 125,000 new entrants to the labor market each month for demographic [...] (Reuters) – Three people working near a Japanese power plant damaged by the country’s worst earthquake were found to have been exposed to radiation, Jiji news said on Saturday. Doctors have requested that Self-Defense Forces carry out decontamination treatment, the agency said. (Reporting by Isabel Reynolds) - Reuters 444,000 new claims. 4,000 worse than expected according the averaged polls, but advertised as a 4,000 decrease because the number last week was revised up by 4,000… It’s all a big illusion. Whatever happened to calculating an unemployment figure based on how many people of working age (and who want to work) are out of work? I’ll tell you why. Because that figure would put unemployment over 20%. Another week, another half-million jobs lost. If something is not done to remedy the European financial problems this could lead to the downfall of the European union as we know it. Finding a solution is the only option they have. Reneging on getting the solution implemented will only cause more economic damage. Fixing this will have a very high cost. There is no choice. Can you image if in your home a pipe breaks, and you keep [...] |
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