Job-Loss Panic Rises in Western Europe
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Stephane Zervos first suspected his job was threatened when his bosses removed most of the heavy equipment from the car wheel factory where he'd worked for 24 years.
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The euro jumps to an all time high against the dollar as signs of declining business confidence in Germany increases fears about European competitiveness.
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ACROSS the Euro-zone last week there were tell-tale signs of panic setting in. To the evident worries of the euro being forced to further record highs against the dollar, were added grim evidence by the weekend of a sharp economic slowdown.
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Germany's unemployment rate unexpectedly rose to 10.7pc in September, the highest since February 1999, as a shrinking domestic economy prompted companies to demand more from existing staff rather than adding ...
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Muslims across Europe are confronting a rise in "Islamophobia" ranging from violent attacks to discrimination in job and housing markets, a wide-ranging European Union report indicated Monday.
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London equities extended their loss in mid-afternoon as worse-than-expected US jobs data triggered a broad-based sell-off on both sides of the Atlantic.
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A study finds that Europeans are less interested in being their own boss than Americans, with more Europeans anxious about bankruptcy.
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Business activity in the U.S. and Europe cranked up a notch at the tail end of 2004, but companies remained cautious about taking on new workers according to surveys in the dominant service sector of major Western economies released on Wednesday.
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German unemployment rises again, taking the average jobless total to its worst level since reunification in 1990.
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The number of laid off workers filing claims for unemployment benefits rose last week in another worrisome sign that the labor market is weakening.
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Even more worried than Americans One in five (22 per cent) European businesses expect to have to cope with "major data loss" of some sort annually over the next five years compared to 10 per cent of their US counterparts.â¦
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Business activity in the U.S. and  Europe cranked up a notch at the tail end of 2004, but  companies remained cautious about taking on new workers  according to surveys in the dominant service sector of major  Western economies released on Wednesday.
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As many as 20,000 jobs in London's financial district are likely to be wiped out due to the financial crisis, a survey showed on Sunday.
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Indexes in Europe fell as much as 7 percent after a huge selloff in Asia as fears increased that the turmoil in the U.S. is spreading.
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US nationals and Europeans are warming towards globalisation and international trade, although anxiety about the impact on jobs still runs high, a survey has shown.
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There are fears that European stock markets may fall sharply on Monday following Friday's falls in the US.
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WASHINGTON -- The number of laid off workers filing claims for unemployment benefits rose last week in another worrisome sign that the labor market is weakening.