Consumers in crisis-hit Spain put brakes on spending Spaniards are buying fewer cars, fewer clothes and even cutting back on smoking as a grinding recession and rising unemployment force them to slash spending, dealing a severe blow to manufacturers and shops.
Commodity prices hit by weak global outlook Global commodity markets were hit this week by weaker-than-expected manufacturing data in key consumers China and the United States.
04 May 2013
German unemployment up slightly in April Unemployment in Germany rose in April as companies become more cautious about hiring in face of the slowing economy, but the labour market nevertheless remains robust.
Recycled computers offer hope to Romania's needy In Romania, one of the EU's poorest countries, hope to many has come in the form of a computer recycling program that is helping jobless adults and disadvantaged Roma youth beat the odds.
13 February 2013
Australia rejects heritage listing for Tasmanian rainforest Australia Friday rejected a bid for blanket heritage listing of Tasmania's Tarkine rainforest, angering environmentalists who said it would allow mining and could threaten the Tasmanian devil.
08 February 2013
Spanish registered unemployed rises to 4.98 mn in January The number of Spaniards officially registered as unemployed rose to 4.98 million in January, according to Labour Ministry data released Monday, as the country's recession deepened.
Unemployment 30 mn higher than before crisis: ILO There are now 30 million more people without jobs around the world than before the global financial crisis began, the head of the International Labour Organization said.
12 October 2012
Good jobs number electrifies Obama campaign A relieved Barack Obama basked Saturday in shock good news as unemployment dipped below eight percent to the lowest point of his presidency, stealing headlines from Mitt Romney's thumping debate win.
06 October 2012
US economy creates 163,000 jobs, helping Obama The US economy created a solid 163,000 jobs in July, helping President Barack Obama dull Republican attacks despite a slight uptick in the jobless rate.
Obama defiant, Romney pounces on jobs report Weak jobs data threw President Barack Obama on the defensive Friday, as Republican White House hopeful Mitt Romney told America's middle class it did not have to put up with such misery.