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Unemployment and Layoffs

A collection of news and information related to Unemployment and Layoffs published by this site and its partners.

Top Unemployment and Layoffs Articles

Displaying items 12-22
  • Tragedy-hit Malaysia Airlines to cut 6,000 jobs

    Tragedy-hit Malaysia Airlines to cut 6,000 jobs
    Malaysia Airlines will slash nearly a third of its 20,000 workforce and cut back its global route network as part of a radical 6 billion ringgit ($1.9 billion) restructuring following the devastating impact of two jetliner disasters. The 42-year-old...
  • Disappearing euro zone inflation set to heighten ECB concerns

    BRUSSELS/FRANKFURT (Reuters) - Euro zone inflation dropped to a fresh five-year low in August, data showed on Friday, something likely to concern the European Central Bank but not force it into immediate policy action. Consumer prices in the 18 countries...
  • Italy July jobless rate rises to 12.6 percent

    ROME, (Reuters) - Italy's seasonally adjusted unemployment rate rose in July to 12.6 percent from 12.3 percent the previous month, data showed on Friday. July's figure was above the median estimate of 12.3 percent forecast by a Reuters survey of eight...
  • Japan jobless rate edges up to 3.8 percent in July

    TOKYO (Reuters) - Japan's jobless rate rose slightly in July and the availability of jobs held steady at the highest in 22 years, giving evidence of a pause in improvement in the labor market. The seasonally adjusted unemployment rate, released by the...
  • State wrongly denied hundreds of thousands of jobless claims, audit confirms

    SACRAMENTO — State employees who process unemployment claims wrongly denied benefits for hundreds of thousands of jobless Californians, a result of a botched system and procedures that caused fired workers to wait months for benefits, a state...
  • PPL Center jobs staying close to home

    PPL Center jobs staying close to home
    After months of task force meetings, community outcry and job fairs designed to draw city residents, Allentown officials say their efforts have begun to pay off. Roughly 300 people have been hired to work at the soon-to-open PPL Center and two-thirds of...
  • U.S. second-quarter growth strengthens

    U.S. second-quarter growth strengthens
    WASHINGTON (Reuters) - The U.S. economy rebounded more strongly than initially thought in the second quarter with a bigger chunk of the growth driven by domestic demand in a bright sign for the future. Gross domestic product expanded at a 4.2 percent...
  • Audit: State's handling of jobless claims hurt hundreds of thousands

    Audit: State's handling of jobless claims hurt hundreds of thousands
    California unemployment insurance workers wrongly denied hundreds of thousands of claims for jobless benefits that were overturned later on appeal by administrative judges, a new state audit concluded. As a result, those who lost their jobs were...
  • Data show more robust economic rebound in second quarter

    The economic rebound in the second quarter was stronger than previously estimated, another sign of a recovery gaining momentum after stalling early in the year. The Commerce Department said Thursday that gross domestic product, the broadest measure of...
  • BoE to beat Fed to the punch by hiking rates in first quarter

    LONDON (Reuters) - The Bank of England will be the first major central bank to lift interest rates when it makes a move early next year, jumping the gun on the U.S. Federal Reserve by a few months, a Reuters poll shows. The BoE will raise its Bank Rate...
  • Jobless claims fall for second consecutive week

    Jobless claims fall for second consecutive week
    The number of Americans filing new claims for unemployment benefits fell for a second straight week last week, underscoring the strengthening labor market fundamentals. Initial claims for state unemployment benefits slipped 1,000 to a seasonally...