Wednesday 30 July 2014
 
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jobless

35pc Lebanese youth jobless, says report

A staggering 35 per cent of Lebanon’s youth are currently unemployed, said a report citing the country's industry minister. The rising unemployment among Lebanese youths confirms the World Bank’s concern that the r

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Saudi jobless rate hits 11.3pc in 2013

Saudi Arabia has recorded the national unemployment rate at 11.7 per cent for 2013, with 6.1 and 33.2 per cent for males and females respectively, a report said. Licenses were issued to 338 recruitment offices to hire Saudi nation

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83pc of Bahrain's jobless are women

Bahraini women make up around 83 per cent of the country's unemployed, according to new statistics presented by the labour minister. Labour Minister Jameel Humaidan yesterday admitted employing women had been a challenge, desp

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FDI in Tunisia falls 1.3pc in H1

Foreign direct investment in Tunisia fell by 1.3 percent in the first half of 2013, official data showed on Saturday, a likely reflection of political strife in the north African state.   Foreign investments fell

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Jobless youths could be drag on recovery

  The global economy is recovering - although the younger you are and the longer you've been out of work, the less likely it is that you'll have noticed.   A modest upturn in the major devel

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US jobless claims at four-month high

  The number of Americans filing new claims for unemployment benefits hit a four-month high last week, suggesting the labor market recovery lost some steam in March.    Initial claims for state

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Global economy: Rays of hope pierce thick clouds

  Global economic news is improving here and there, but a batch of data due this week is unlikely to shake financial markets' conviction that major central banks are not about to take away the punch bowl.  

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Euro Zone's crisis 'far from over'

The euro zone's crisis is far from over and its members must tighten budgets and forge a banking union to leave behind the "fairy world" that allowed problems to grow, said European Central Bank (ECB) president Mario Draghi.

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US jobless claims back at four-year lows

The number of Americans claiming new jobless benefits fell back to a four-year low last week and manufacturing in the Northeast held up in March, providing more signs the US economy was firmly on a self-sustaining growth path. Initial clai

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UK jobless at new 17-year high

The number of Britons out of work hit its highest level in more than 17 years in November, but a much smaller than expected number of new benefit claims in December provided some hope. Unemployment rose less in Britain than in most other a

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