German jobless face long hard winter as unemployment continues to rise
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Unemployment in Germany, the eurozone's biggest economy, is continuing to rise and could even reach five million by the winter, new data showed.
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Germany's unemployment rate dropped to 9.6 percent in November as the number of people out of work fell below 4 million for the first time in more than four years _ the latest evidence of a gathering recovery ...Comment
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The number of Americans who can't find employment creeps higher.
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Labour conflict looks set to boil over in the German automobile sector in the coming weeks as car makers such as Volkswagen and Opel seek to impose rigorous belt-tightening measures as an answer to chronically weak demand.
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Official figures show that unemployment rose sharply in Germany in September, a sign that the economy remains weak.
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BERLIN: Several hundred protesters clashed with police at a Berlin unemployment office yesterday as a sharp cut in jobless benefits took effect in a government effort to force people to find work.
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Germany's long-term unemployed are looking for ways to cut their outgoings as they brace for the introduction of reforms on Saturday that will slash the welfare payments of many.
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Voters in two struggling east German states had a chance to voice their discontent Sunday over high unemployment and social welfare cuts in elections expected to give a boost to extreme-right and left-wing ...
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Germany's economy could be seriously damaged by further increases in oil prices, the central Bundesbank said Monday.
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German unemployment rose the most in five months in August as stagnant consumer spending and the threat of slowing growth discouraged executives in Europe s biggest economy from hiring.
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The number of people looking for work in Germany has risen to its highest level in seven years as bad weather and sluggish growth caused dole queues to swell at the end of last year.
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Clouds continued to gather over the German economy on Monday, as the Bundesbank estimated that the modest recovery of the eurozone&#39;s biggest economy already appears to be running out steam.
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Strikes are set to continue on the German rail system after staff seeking higher wages caused widespread disruption on Tuesday.
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The number of people looking for work in Germany, the biggest eurozone economy, fell by about 90,000 to 4.257 million -- or 10.3 percent of the workforce -- in September, the Federal Labour Agency announced.
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More than 90,000 people, according to organisers, hit the streets of several German cities Monday to protest looming cuts in unemployment benefits, continuing a series of weekly protests against government reforms.
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Clouds continued to gather over the German economy on Monday, as the Bundesbank estimated that the modest recovery of the eurozone's biggest economy already appears to be running out steam.
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Hiring practically stalled in December, driving the nation's unemployment rate up to a two-year high of 5 percent and fanning fears of a recession.