Tag: unemployment

December 6, 2012 0

France Unemployment Rate Hits 10.3%, Youth Unemployment at Record High 24.9%; New Business Activity Plunges

By News Desk

Reuters reports French jobless rate hits 10.3 pct, highest in 13 years France’s unemployment rate rose to 10.3 percent in the third quarter of 2012, its highest since the third quarter of 1999, from 10.2 percent in the previous quarter, data published by national statistics office INSEE showed on Thursday. Youth unemployment rose more markedly, with the jobless rate edging up to 24.9 percent, from 23.6 percent, among people under 25 years old

Italy Retail Sales Sharpest Drop in 17 Months; Germany Retail Sales Stagnate as Margins Squeezed; Eurozone Retail Sales Drop Sharply
December 2, 2012 0

Italy Retail Sales Sharpest Drop in 17 Months; Germany Retail Sales Stagnate as Margins Squeezed; Eurozone Retail Sales Drop Sharply

By News Desk

Sales fall for thirteenth month running in November German sales remain flat while Italy records another severe fall Rate of decline in France slows to weakest in five months Summary of November findings The Eurozone retail sector remained stuck in a sharp downturn during the penultimate month of 2012, according to Markit’s PMI® data. Sales fell for the thirteenth consecutive month, and remained well below the level seen one year earlier.

Stalemate: Obama Warns of Prolonged Talks as Republicans Rebuff Plan
December 1, 2012 0

Stalemate: Obama Warns of Prolonged Talks as Republicans Rebuff Plan

By News Desk

While pondering those questions and thoughts, please consider Obama Warns of Prolonged Talks as Republicans Rebuff Plan . President Barack Obama and House Speaker John Boehner stood their ground with opposing plans to avert the fiscal cliff and warned there was no quick path to a solution. Obama has proposed a framework that would raise taxes immediately on top earners and set an Aug