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French joblessness below 10 percent for first time in four years

France's unemployment rate dropped below 10 percent for the first time since 2012.

French joblessness below 10 percent for first time in four years
Photo © mgorod.kz
Mass axing of oil worker taking place in Aktobe

Kazakh-Chinese oil company Velikaya Stena in Aktobe in Kazakhstan's west is laying off many workers.

Mass axing of oil worker taking place in Aktobe
Photo ©Tengrinews.kz
Kazakhstan in 10 World’s Worst Performers in Economy: Bloomberg

Kazakhstan ended up in the 10 World’s Worst Performers in Economy compiled by Bloomberg.

Kazakhstan in 10 World’s Worst Performers in Economy: Bloomberg
India's Finance Minister Arun Jaitley and World Economic Forum founder Klaus Schwab attend a session at the India Economic Summit 2014 at the World Economic Forum. ©REUTERS
Joblessness, inequality top global concerns in 2015: report

Unemployment and rising income inequality will top concerns for global leaders in 2015, a World Economic Forum (WEF) study said.

Joblessness, inequality top global concerns in 2015: report
French unemployment hits new record

Unemployment in France hit a new record in September, with official statistics published showing 3.43 million people claimed jobless benefits.

French unemployment hits new record
IMF worried about sustained slow global growth

IMF chief warned that the global economy could be sinking into a prolonged period of "mediocre" growth.

IMF worried about sustained slow global growth
Hollande hits all-time low in new opinion poll

Confidence in embattled French President Francois Hollande has plunged to a new all-time low of 13 percent.

Hollande hits all-time low in new opinion poll
Japan PM to name women to quarter of cabinet

More than a quarter of Japan's new cabinet will be female.

Japan PM to name women to quarter of cabinet
People enter an unemployment office in Berlin. ©Reuters
German jobless rate unchanged in August: data

Unemployment in Germany stagnated in August, as clouds continue to build over Europe's biggest economy.

German jobless rate unchanged in August: data
©Reuters/Rick Wilking
US economy rebounds, adding 288,000 jobs in April

The US economy pumped out 288,000 jobs in April, the highest pace in over two years, in a fresh confirmation that growth has resumed after a harsh winter freeze.

US economy rebounds, adding 288,000 jobs in April
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Railway manufacturing plant workers might face unemployment

Employees of the Ekibastuz-based PromMashKomplekt plant can lose their jobs.

Railway manufacturing plant workers might face unemployment
Top French court approves 75% company tax on high salaries

France's top court Sunday approved a proposal for companies to pay 75 percent tax on annual salaries exceeding one million euros in line with President Francois Hollande's drive to limit executive pay at a time of economic hardship.

Top French court approves 75% company tax on high salaries
Europe's 'crisis after the crisis' poses uncertainty in 2014

Is Europe on the verge of a popular uprising? The question was asked by one of Greece's most respected newspapers as another year of painful austerity drew to a close.

Europe's 'crisis after the crisis' poses uncertainty in 2014
Ethiopia's colossal human airlift from Saudi Arabia

When Ethiopia started repatriating its citizens living illegally in Saudi Arabia last month, 30,000 people were expected to return.

Ethiopia's colossal human airlift from Saudi Arabia
Bailout over but suffering goes on for Ireland's most needy

Ireland will receive plaudits this weekend when it exits its financial bailout but advocacy groups warn that the most vulnerable in society will still suffer from lingering austerity measures.

Bailout over but suffering goes on for Ireland's most needy
Job seekers. ©Reuters/Mike Segar
US jobless rate drops to five-year low

The US jobless rate fell sharply to 7.0 percent in November, a five-year low, raising the odds Friday that the Federal Reserve could soon cut its huge stimulus program.

US jobless rate drops to five-year low
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Kazakhstan to face growing unemployment due to baby boom

The current baby boom in Kazakhstan may entail unemployment after 2020: Vice PM Erbol Orynbayev.

Kazakhstan to face growing unemployment due to baby boom
Unemployment remains dark spot in Spanish economy

Spain's government sees light at the end of the tunnel with the end to a two-year recession but analysts warn joblessness will continue to weigh down the eurozone's fourth-largest economy.

Unemployment remains dark spot in Spanish economy
Britain's Chancellor of the Exchequer George Osborne. ©Reuters/Suzanne Plunkett
Britain demands jobless work for state hand-outs

Britons who are out of work for several years will be required to work full-time on community projects to receive state unemployment payments.

Britain demands jobless work for state hand-outs
Jobless Spaniards flood in for slave wages in 'Exodus'

Thousands of Spaniards are queueing up to play the role of slaves in film-maker Ridley Scott's Biblical epic "Exodus", hoping for a way out of unemployment.

Jobless Spaniards flood in for slave wages in 'Exodus'