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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When the number of Americans out of work starts to rise sharply, a recession occurs. By that token, the latest figure for unemployed workers is, at the least, a danger sign.
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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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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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Many forecasters are worried that the latest economic expansion is running out of steam, just as workers have finally begun to reap some of the spoils.
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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 out of work is on the rise, but a record number of people now have jobs.
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The eurozone economy got slapped with a wave of bad news that highlighted a third-quarter slowdown, a decline in industrial activity and a stagnant job market.
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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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UK unemployment rose by 93,000 between May and July to 1.7 million, its highest level since 2000, figures show.
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Thousands of shell-shocked Volkswagen workers in Brussels were plotting their next moves, a day after hearing that 4,000 of the 5,300 jobs at the plant will be lost.
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German business confidence is tumbling amid mounting fears about the impact of the euro&#39;s rise against the dollar, according to the closely-watched Ifo economic institute survey.
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Old Europe is going to work, according   to a new report indicating the United States is losing its edge   in maintaining a more vibrant job market than the continent.
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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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The unemployment rate leaps to a two-year high, record numbers of people are forced from their homes and Wall Street nose-dives again. Such is the fallout from a housing meltdown that threatens to slingshot the country into a recession.
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Business confidence is high and unemployment is falling, making the European Central Bank likely to lift interest rates to 3 percent Thursday &#151; its fourth increase in eight months &#151; as it aims to keep inflation in check without hurting growth.
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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.