The US economy added 126,000 jobs in March – but the unemployment rate was unchanged at 5.5%.
The pound has hit a seven-year high against the euro, bringing cheer for British holidaymakers but underscoring fears about the fragile European single currency as markets prepare for a flood of emergency electronic cash.
Snow blanketed New York City on Thursday, and its streets quickly emptied.
The threat of deflation eased across the eurozone in February following a bounce back from heavy price discounting and steeply declining oil prices during the previous month. The 19-member currency bloc saw prices drop 0.3% last month compared with a drop of 0.6% in January, alleviating fears of an alarming deflationary spiral.
The UK has moved up a “women in work” league table after the economic recovery helped cut female unemployment, but it still lags well behind Nordic countries when it comes to overall empowerment of women in the workplace.
Jean-Claude Juncker’s €315bn (£235bn) investment blueprint has the potential to ease Europe’s unemployment crisis by creating more than two million new jobs, the International Labour Organisation said.
The global jobs market will continue to deteriorate in the coming years,, while rising income inequality and high youth unemployment will stoke more social unrest, a new report warns today.
The Bank of England signalled it is edging closer to a rise in interest rates but admitted it is in the dark about the true state of the British economy.
More than half of the developing world's workers are trapped in vulnerable jobs, working for themselves or in unpaid family work, according to a new report that calls for better quality employment to drive economic growth.
The US economy added 151,000 jobs in January while the unemployment rate dropped to 4.9%, the US Department of Labor announced on Friday.
More than 3 million people will become unemployed worldwide in the next two years, making existing jobs vulnerable and fuelling potential social unrest as the global economy slows, a report warns.