Austria to cut unemployment pay to those who refuse COVID vaccine

Job seekers in Austria will risk losing some of their unemployment benefits if they turn down a job offer because it requires getting vaccinated against COVID-19, local media reported Thursday.  

US Senate votes to advance 1.9-trln COVID-19 relief bill amid Republican opposition - China.org.cn

U.S. Senate voted to start debate on the 1.9-trillion-dollar COVID-19 relief package amid Republican opposition, as Democrats hope to send the bill to President Joe Biden's desk before unemployment benefits expire in mid-March.

Despite Falling Unemployment in the UK, Poverty High and Rising

Official British government figures reveal a drop in the number of people out of work but the cost of living is not matched by earnings. This price gap exposes the reality for many people for whom poverty is a reality and political rhetoric is just cheap talk.

Eurozone growing at quickest pace in 10 years, EU forecast says

The European Commission announced on Thursday it will surpass economic growth expectations for this year, and predicted robust growth in 2018.

Germany to add 600,000 jobs in 2018: study

Germany's labor market will be marked by enduring strength in 2018, the newspaper Neue Passauer Press reported on Tuesday, with reference to a study by the German Chamber of Industry and Commerce (DIHK).

Clashes in Greece as Thousands Protest Austerity

An anti-austerity rally in Greece's capital turned violent Wednesday as a general strike halted flights, ferries and public transportation, and thousands joined protest marches across the country.

Eurozone unemployment falls below 10% for first time since 2011

Unemployment in the eurozone has fallen below the symbolic mark of 10 percent for the first time since April 2011, EU data showed on Thursday.

Spain prepares for second general election in six months

Spain’s second general election in six months is pitting voters hungry for change in a country with sky-high unemployment against those who fear this change would worsen Spain's situation.

Switzerland rejects guaranteed income proposal in national referendum

The Swiss appear to have voted down a plan for the government to pay citizens a guaranteed income whether or not they are employed.

The proposal would have forced the government to pay each citizen the equivalent of nearly 1,800 euros, or about $2,045, each month.

IMF warns of 'severe' economic damage from Brexit

The International Monetary Fund has warned of potentially "severe" economic damage from a British exit from the European Union.

Brexit to be costly for Britain (CBI survey)

Brexit would be more costly than remaining in the European Union (EU), according to a survey released Monday by the Confederation of British Industry (CBI).

Ruling Socialist party under fire after unveiling French labor reform

Critics from the right and even the ruling Socialist Party have condemned the proposals of French President Francois Hollande's cabinet to reform the labor code.

Brazil loses 1.5 million jobs in 2015

Brazil saw 1.5 million net dismissals in 2015, far worse than the previous year when it created 420,000 formal jobs amid economic difficulties.

Multicultural Brussels area a hotbed of Islamist extremism

Brussels' Molenbeek area, long infamous in Belgium's capital city for its crime and unemployment, has emerged once again as a European hotbed of Islamist extremism where residents say they live in fear.

Melbourne home to thousands of Greeks fleeing debt crisis

Thousands of Greek nationals are fleeing their home country to come to Australia, with many choosing to settle in Melbourne, local media reported on Wednesday.

Greece blames EU, IMF for impasse in debt talks

 Greece and its creditors on Tuesday (May 5) ruled out any bailout deal to avoid bankruptcy at a crunch meeting next week, with Athens blaming divisions between the EU and IMF for blocking an agreement.

EU offers Greece 2 billion in unused development funds

European Commission chief Jean-Claude Juncker said Friday he was making 2 billion euros ($2.44 billion) of unused EU development funds available to Greece as it battles a cash crunch.

Albania takes measures to boost agriculture sector

The Albanian Ministry of Agriculture Sunday announced new measures and initiatives to boost agricultural production, according to Albanian Daily News.

Eurozone in vital talks on Greece bailout proposal (Finance ministers to hold their third meeting on debt crisis)

Greece has asked its European creditors to extend its bailout loan for six months while it negotiates a new deal.

But Germany has rejected the request and tense last-minute negotiations will resume on Friday morning.

UN study predicts rising global unemployment due to slower growth, inequality, turbulence

UN, 20 January 2015 – An extra 10 million people worldwide are likely to be unemployed by 2019, a new United Nations report has said today, pointing to slower growth, widening inequalities and economic turbulence as reasons behind the trend.