Monday, 29 May 2017
News with tag Labour market  RSS
What the German economic model can teach Emmanuel Macron

Added: 25.05.2017 15:49 | 2 views | 0 comments


IT IS heartening that the euro area has a knack for surviving near-fatal crises. Yet confidence in the durability of the single currency might be stronger if it suffered fewer of them. Europe dodged its latest bullet on May 7th in France, when Emmanuel Macron, a liberal-minded (by local standards) upstart centrist, defeated Marine Le Pen for the presidency. Even so, an avowed nationalist and Eurosceptic captured 34% of the vote, leaving Mr Macron with five years to assuage widespread frustration with the economic status quo. An obvious model lies just across the Rhine, where the unemployment rate—below 4%, down from over 11% in 2005—is testimony to the potential for swift, dramatic change. Yet Germany’s performance will not be easy to duplicate.
It would be unfair to call France the sick man of Europe; half the continent is wheezing or limping. Yet there is certainly room for French improvement. Real output per person has barely risen in the past decade. Government spending stands at 57% of GDP, outstripping the tax take; France’s budget deficit, at 3.4% of GDP, is among the largest in the euro area’s core. The biggest worry, however, is the labour market. The unemployment rate, now 10.1%, is stubbornly high. Nearly a quarter of French young adults are unemployed. Worklessness, especially among young people, is a source of rising social tension and a...

From: www.economist.com

Jobless Claims Fall as Mid-Atlantic Factory Activity Jumps

Added: 18.05.2017 18:28 | 6 views | 0 comments

New applications for U.S. jobless benefits unexpectedly fell last week and the number of Americans on unemployment rolls tumbled to a 28-1/2-year low, pointing to rapidly shrinking labor market slack.

From: www.Newsmax.com

Jobless-Benefit Rolls Hit 28-Year Low as Weekly Claims Slip

Added: 11.05.2017 13:46 | 5 views | 0 comments

The decline in jobless-benefit rolls dovetails with a drop in the unemployment rate, signaling the labor market continues to strengthen. Initial claims have been below 300,000 since early 2015, rounding out the overall picture of solid economic growth.

From: www.Newsmax.com

Euro strengthens as 'pro-business' Macron wins French presidency

Added: 07.05.2017 22:50 | 20 views | 0 comments

He has promised 'pro-business' policies including lower taxes and more labour market flexibility.

From: www.bbc.co.uk

U.S. Job Growth Rebounds Sharply, Unemployment Rate Hits 4.4%

Added: 05.05.2017 14:09 | 3 views | 0 comments

U.S. job growth rebounded sharply in April and the unemployment rate dropped to a near 10-year low of 4.4 percent, signs of a tightening labor market that could seal the case for an interest rate increase next month despite moderate wage growth.

From: feeds.foxbusiness.com

US labour market tightens

Added: 04.05.2017 15:50 | 10 views | 0 comments

New applications for US jobless benefits fell sharply last week and the number of Americans on unemployment rolls hit a 17-year low, pointing to a tightening labour market that could allow the Federal Reserve to raise interest rates next month.

From: www.news.com.au

US Jobless Claims Fall to 238,000

Added: 04.05.2017 13:44 | 3 views | 0 comments

The number of Americans applying for first-time unemployment benefits fell sharply last week to one of the lowest levels since the 1970s, the latest sign the labor market is tightening.

From: feeds.foxbusiness.com

[Ticker] EU to put parental leave on political agenda

Added: 26.04.2017 8:16 | 17 views | 0 comments

The European Commission will present its new European social policy agenda on Wednesday in a move to counter persistent criticism from trade unions and political parties that the EU has not done enough to protect workers. The plan lists workers’ existing rights and proposes new ones, including parental leave to boost the rate of women in the labour market.

Weekly Jobless Claims Rise as Continuing Benefits Hit 17-Year Low

Added: 20.04.2017 14:02 | 6 views | 0 comments

New applications for U.S. jobless benefits rose slightly more than expected last week, but the number of Americans on unemployment rolls dropped to a 17-year low, pointing to a tightening labor market.

From: www.Newsmax.com

US weekly jobless claims up; continuing claims hit 17-year low

Added: 20.04.2017 13:40 | 4 views | 0 comments

New applications for U.S. jobless benefits rose slightly more than expected last week, but the number of Americans on unemployment rolls dropped to a 17-year low, pointing to a tightening labor market.

From: www.channelnewsasia.com

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