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January 23, 2020

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Unemployment

Nearly half billion people lack decent jobs: UN

Nearly half billion people lack decent jobs: UN

More than 470 million people worldwide are currently unemployed or underemployed, the UN said on Monday, warning that a lack of access to decent jobs was contributing to social unrest.The global unemployment rate has remained relatively stable over much of the

US GDP growth unrevised in 3rd quarter at 2.1%

US GDP growth unrevised in 3rd quarter at 2.1%

US officials on Friday confirmed their picture of moderate but steady economic growth in the third quarter of this year, while estimated investments by companies improved slightly.Amid low unemployment and steady job growth, the numbers should offer some comfo

Fernandez takes office as Argentina shifts to the left

Fernandez takes office as Argentina shifts to the left

Argentina's incoming president Alberto Fernandez takes office Tuesday having pledged to put Argentina "back on its feet" but he faces a tough task due to recession, high inflation and rising unemployment and poverty.Fernandez, a leftist who ousted market-fr

World Bank urges Lebanon to form govt, warns of recession

World Bank urges Lebanon to form govt, warns of recession

The World Bank urged protest-hit Lebanon on Wednesday to form a new government quickly, warning of the threat of an economic downturn that would deepen poverty and worsen unemployment.The warning came as anti-government demonstrators pushed on with rallies and

South Africa's triumph hailed as an 'inspiration'

South Africa's triumph hailed as an 'inspiration'

The Springboks' Rugby World Cup triumph was hailed by South African newspapers on Sunday as an "inspiration" to a nation suffering from racial tensions, unemployment and violence.South Africa's first black captain Siya Kolisi "and his Boks have lessons i