employment

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Jobless queue shrinks in Spain, but 26% rate still dents recovery

MADRID | By Fernando G. Urbaneja | New employment data released on Tuesday still point to a draining situation in the eurozone’s forth economy. Employment destruction speed is simply slowing, not stopping. Unemployed queue shrank by 2,300 people, to 5.93 million, and rate climbed to 25.93 percent in the first three months of 2014, up from 25.73 percent in the previous quart. Something that is sharply denting the economic recovery. 


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SPECIAL REPORT: Are minijobs a solution for Europe?

BERLIN | By Alberto Lozano | Europeans never stop listening to ideas for economic reforms. One potentially successful option, with support from Europe’s leading institutions for smaller economies, is the ¨minijob¨.

But are these atypical jobs the solution to move Spain’s 26 percent unemployment rate closer to Germany’s 5 percent?


Germany employment

Germany Employment Rate Shows a Brighter EU Face

BERLIN | By Alberto Lozano | While the euro zone jobless rate reached 12.1 percent in October, Germany has promising news for itself: national labor market is expected to create about 180,000 jobs in 2014. Why is this happening? 

 


US Labor Market

The US labor market: Myth and reality

WASHINGTON | By Pablo Pardo | For all the talk about the jobless recovery, Barack Obama has, in less than 5 years, created three times more jobs than George W. Bush did in eight years. Under the current president’s tenure, 3,140,000 jobs have been added to the US economy. It is not a bad record of achievement, at least taking into account that, in January 2009—when Obama moved to the White House–, the United States destroyed 600,000 jobs, its worst number in 34 years. Talk about legacies.




US unemployment

The problem with US employment rate

By CaixaBank analysts | The reduction in doubtful loans, easier financial conditions and creation of households will continue to support the recovery in housing. But persistently low participation in employment is a source of risk for 2013.


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Chinaempleo bridges Chinese labor market and Spanish speaking countries

BEIJING | In a rather competitive environment like China, the Spanish CEO Pedro Fajardo managed to be the very first one in his field by identifying a  niche with a big market such the Spanish language. With 100% Spanish capital and without relying in external financial sources, he built Chinaempleo.com by using savings, bank lending as well as revenues from their site and advertising. In less than 2 years the site…


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The US universities and their Madoff-like employment accounts

Universities in the US have acknowledged that they distort the employment figures of their graduates. Now, some newly graduated lawyers have begun litigation against them because, in spite of official assurances, they have been left jobless. WASHINGTON | Some U.S. lawyers have decided to file lawsuits against their Law schools. The reason? They were promised a job upon graduation but have been given none after four years of studies in addition to…


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Can the euro mess up the US economy? Yes, it can!

By Luis Arroyo, in Madrid | What I would like to do here is bringing a magnifying glass on to a recent lapse of time and see if the fourth euro crisis (yes, I said fourth) has somehow cooled the US economy down. It’s possible, you know. In the US, the authorities are beginning to see signs of how the economic activity is loosing steam, such as in weekly claims for unemployment…