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Tag Archives: Unemployment
By David Mc Williams Did you know that divorce is contagious? A recent US study found that divorce can spread through social networks, like a virus, passing among friends, siblings, even people you work with. According to the researcher James … Continue reading
By: STRATFOR The global financial crisis of 2008 has slowly yielded to a global unemployment crisis. This unemployment crisis will, fairly quickly, give way to a political crisis. The crisis involves all three of the major pillars of the global … Continue reading
The unemployment rate in the EU reached a record high of 10.7% in November 2012, according to figures published earlier this week by eurostat. Youth unemployment, in particular, has been consistently gloomy since the beginning of the crisis, with almost … Continue reading
By Julia Kollewe Unemployment in the eurozone has risen to a new high, with Spain recording the highest jobless rate with more than one in four out of work. There are now 18.49 million people without jobs in the 17 countries … Continue reading
By Staff at the Daily Bell Spanish unemployment hits new peak … One in four Spanish workers are now without a job. Spain’s unemployment rate hit a record high of 25% in the third quarter, as the jobless total grew … Continue reading
By David Mc Williams The headline in yesterday’s Irish Independent was eye-catching. It said that half of all Irish businesses are on the verge of collapse, according to stress tests carried out by business and credit risk company Vision-net. Companies … Continue reading
A Hopeless Case? The IMF has just released its most recent assessment of the ‘progress’ of its austerity program in Greece. As a reminder, Greece currently ‘enjoys’ an economic depression that is more and more reminiscent of the downturn of … Continue reading
David Mc Williams latest posting says it all By David Mc Williams When you walk up one of Ireland’s deserted main streets, it is difficult to reconcile the talk of Ireland doing well and being the model for other European … Continue reading
Greece is facing an economic and social disaster, the result of its so-called rescue by the “troika” of the EU, the International Monetary Fund and the European Central Bank. Greece must change course to avoid a grim future for its … Continue reading