January jobless rate stays flat at 3.7%

Feb 28, 2014

January jobless rate stays flat at 3.7%

The unemployment rate remained flat at 3.7 percent in January, while job availability improved for the 14th straight month as the nascent economic recovery helped boost corporate profits, government data showed Friday. The number of people out of work fell a seasonally adjusted 0.8 ...

Nov 29, 2013

October jobless rate stays flat at 4%

The unemployment rate in October was unchanged at 4.0 percent from the previous month, while job availability improved for the first time in two months with corporate profits picking up on the back of the economic recovery, government data showed Friday. The number of ...

Oct 27, 2013

Spanish jobless rely on pensioners in order to survive

After a career spent repairing trains, Francisco Marcos Gallego once thought he and his wife would end their days in comfort. Instead they are struggling to support their unemployed son and his children. “Even if it is hard, as long as I am alive, ...

Hope surfaces as bankrupt Detroit eyes rebirth

Oct 13, 2013

Hope surfaces as bankrupt Detroit eyes rebirth

by Mira Oberman

The hollow hulk of Detroit’s once-majestic train station draws a steady stream of tourists to see how far the mighty Motor City has fallen. The Beaux Arts building was the tallest railway station in the world when it was built in 1913, and its ...

Production workforce at 51-year low

Feb 2, 2013

Production workforce at 51-year low

The unemployment rate rose by 1 percentage point to 4.2 percent in December, as the stronger yen and global economic slowdown prompted manufacturers to cut their workforces to the lowest level in over 50 years, the government reported Friday. Reflecting weak exports and industrial ...