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US warns of education catastrophe as up to 300,000 teachers set to lose jobs
Hope you can all believe in School districts around the country, forced to resort to drastic money-saving measures, are warning hundreds of thousands of teachers that their jobs may be eliminated in...
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Eurozone jobless figure reported at record high
Eurozone’s unemployment figure continues to linger as around 16 million Euro currency users are still out of work, official data shows. Unemployment across the 16 countries which share the Euro stuck...
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2 out of 3 new jobs given to migrants
Two in every three new UK jobs went to foreign-born workers. Two in every three new UK jobs went to foreign-born workers, shock figures showed yesterday. The statistic emerged on the day Britain’s...
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Real U.S. unemployment rate may be 22.1 percent for February
Yikes! You won’t believe the real jobless numbers. Federal docs contradict 8.9% hyped by media. The real U.S. unemployment rate may be 22.1 percent for February, not the 8.9 percent reported by the...
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Anti-Government Protests injure 100 in Spain
Policemen clash with protesters while trying to dismantle a camp set up in Catalunya square in Barcelona on May 27, 2011. At least 100 people have been injured after police clashed with demonstrators...
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Spanish unemployment rate reaches record high of 24.63%
Spain’s unemployment rate reaches 24.63 percent. Spain says its unemployment rate for the second quarter of the current year has reached the record high of 24.63 percent. According to the new figures...
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Greek jobless rate record high in May
Jobless Greeks line up outside an unemployment bureau in Athens Unemployment rate in crisis-struck Greece hit an all-time high of 23.1 percent in May as the country struggles through a fifth year in...
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France public debt exceeds 90% of GDP
The public sector debt in France soared to over 90 percent of the GDP in the second quarter of 2012. New figures show that France’s public sector debt soared to over 90 percent of the crisis-hit...
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Portugal jobless rate to hit 16.4% as income tax hike set for 2013
Portugal Finance Minister Vitor Gaspar Portugal finance minister announces an income tax hike for the 2013 budget as the unemployment rate is expected to hit 16.4% the same year. On Wednesday, the...
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Greece unemployment rate jumps to 26 percent
Jobless Greeks wait outside an unemployment bureau in the capital Athens. The official Greek unemployment rate has risen to 26 percent as the near-bankrupt eurozone country heads toward a sixth year of...
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Jobless Spanish man dies in hospital after self-immolation
Spaniards protest against austerity measures in the capital Madrid, December 17, 2012. A jobless Spanish man has died at a hospital after setting himself on fire, only two days after another Spaniard...
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Spaniards hold mass anti-austerity demos
Thousands of demonstrators in Madrid take part in a Labor Day protest against the Spanish government’s austerity policies, May 1, 2013. Thousands of protesters have staged rallies in Spain to express...
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Greece unemployment rate 27.6% in May
Fresh data show that the unemployment rate in debt-ridden Greece hit a record high in May, with youth accounting for the largest jobless number. Greece’s jobless rate reached 27.6 percent in May, up...
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26 million in EU, eurozone remain unemployed: Eurostat
Official figures show that unemployment in the European Union (EU) has increased during the 12-month period ending in January 2014, with around 26 million people jobless in both the EU and the...
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Microsoft announces biggest layoff in history, cutting 18,000 jobs
Microsoft will cut a record 18,000 jobs next year, as the company’s new CEO Satya Nadella seeks to boost efficiency, according to a company memo on Thursday. “The first step to building the right...
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