Germany’s top court ruled Tuesday that sanctioning jobseekers deemed uncooperative in the search for work was illegal in some cases, in a blow to the controversial unemployment reforms rammed through by Gerhard Schroeder’s government in 2005.
Read moreAmerican employers added 128,000 jobs last month even as the market was dragged down by the General Motors strike, while the unemployment rate stayed near a 50-year low.
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Candidate Donald Trump promised that coal and steel would be the beating heart of a revived economy in the industrial Midwest. But that promised renaissance has not materialized and both sectors are faltering in ways that are painfully familiar and politically significant.
Read moreAmerican employers advertised slightly fewer job openings in August, an indication that the labor market may be cooling amid economic worries.
Read moreGerman carmaker Opel said Tuesday it would slash hours for workers at its main factory, highlighting a car industry hit by falling demand and a challenging technological transformation.
Read moreThe unemployment rate across the European Union ticked down a tenth of a point to 6.2% in August, the lowest since the EU statistics office started generating monthly reports in January 2000.
Read moreThe American economy added a somewhat disappointing 130,000 jobs in August, while the unemployment rate held steady at a healthy 3.7% for the third month in a row.
Read moreThe U.S. job market isn’t quite as strong as originally believed — with revised figures showing that the economy had 501,000 fewer total jobs this March than initially reported.
Read moreAmerican employers advertised 7.3 million open jobs for the second straight month in June, reflecting a strong job market that continues to contribute to the longest economic expansion in U.S. history despite fears of a downturn.
Read moreThe radical and painful restructuring of Germany’s Deutsche Bank, which is cutting 18,000 jobs, is the end of a long, failed attempt to compete with the global investment banking giants that left it overextended.
Read moreGermany’s struggling Deutsche Bank said Sunday it would cut 18,000 jobs by 2022, downsizing its volatile investment banking division in a restructuring aimed at restoring consistent profitability and better returns to shareholders.
Read moreWith the economy marking 10 consecutive years of growth, hiring rebounded strongly last month as employers added 224,000 new jobs.
Read moreThe unemployment rate in the 19 European Union countries that use the euro fell to its lowest in more than a decade in May as domestic demand and low interest rates help keep the recovery going.
Read moreOn the heels of a dismal report on newly created jobs, the Labor Department said Monday that American employers hired a record number of people in April as job openings dropped slightly.
Read moreMarking a sharp decline in the pace of hiring, American employers added just 75,000 jobs last month as the unemployment rate held steady at 3.6%.
Read moreFord Motors revealed details of its long-awaited restructuring plan Monday as it prepared for a future of electric and autonomous vehicles by parting ways with 7,000 white-collar workers worldwide, about 10% of its global salaried workforce.
Read morePresidential candidate and Washington Gov. Jay Inslee added an economic plan Thursday to the clean energy policy he announced earlier this month, saying his agenda to get to net-zero climate pollution by 2045 will create 8 million jobs.
Read moreFour years after the United Kingdom’s £26,000 cap on welfare benefits survived a challenge by single mothers and their children, the country’s top court rejected discrimination claims Wednesday against newly imposed tighter limits.
Read moreThe Los Angeles County Board of Supervisors voted Tuesday to expand funding for programs to help the county’s homeless residents connect to services and jobs, but officials said more is needed to get people off the street.
Read moreThe number of open jobs in the U.S. jumped back up to 7.5 million in March and there are now about 1.7 million more available positions than unemployed people.
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