Job-loss panic rises in western Europe as employers look elsewhere
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PARIS  - 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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As the euro and other currencies climb into rarefied territory, exporters are expressing more and more fear about how it will affect their businesses.
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European equity markets were volatile on Wednesday in the face of deepening US recession fears, which dragged Wall Street and Asian indices sharply lower.
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European equity markets were volatile on Wednesday in the face of deepening US recession fears, which dragged Wall Street and Asian indices sharply lower overnight.
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WASHINGTON -- Nervous employers cut 17,000 jobs in January _ the first such reduction in more than four years and a fresh trouble sign that the economy is in danger of stalling.
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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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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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Signs of shaky economies in France and Germany have sharpened worries about Europe's less-than-robust recovery - and underscored the struggle to shake up regulation-clogged economies in countries that use the ...
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Accounts for half of global deals Demand for outsourcing in Europe has increased dramatically in the first half of 2007, compared with the same period last year, according to the latest Quarterly Index from labour sourcing advisers TPI.â¦
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Consumers' renewed worries about job prospects led to a bigger-than-expected drop in confidence in August and provided more evidence of the fragility of the economic expansion.
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In the capital area the highly educated people that drift into unemployment in ever-increasing numbers are a cause of serious worry.
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EMPLOYERS are aggressively recruiting staff from other countries because British workers lack the motivation and skills to do crucial jobs, The Times has found.
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Good news has been in short supply for Europe&#39;s traditional industrial economies like Germany and France. Growth remains weak, unemployment high, labor markets are still rigid and the euro is soaring, pricing their exports out of the market.
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The signs of labor unrest seen over the weekend may be a harbinger of things to come in an industry already buffeted by bankruptcies and structural change.
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The number of people looking for work in Germany, the biggest eurozone economy, rose to its highest level in seven years as the bad weather and sluggish growth caused dole queues to swell at the end of last year, official data showed.
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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.