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Posts Tagged ‘unemployment’

Over 100,000 Irish workers expected to leave country before 2012

Sunday, October 3rd, 2010

Jobless rate of 13.6% means return to Ireland’s culture of emigration as fears of a double dip recession set in.

When the economy became the fastest growing in Europe the Irish diaspora headed home, to be followed by an influx of workers from countries such as Poland and Lithuania.

With the jobless rate now running at 13.6%, for many Irish workers the only option once again is to look abroad.

read more about it here

For the Unemployed Over 50, Fears of Never Working Again

Monday, September 27th, 2010

un article du NY Times sur l’emploi des séniors et plus précisément sur le chomâge des seniors aux USA.

Hunger in U.S. at a 14-Year High

Saturday, November 28th, 2009

The number of Americans who lived in households that lacked consistent access to adequate food soared last year, to 49 million, the highest since the government began tracking what it calls “food insecurity” 14 years ago, the Department of Agriculture reported Monday.

The increase, of 13 million Americans, was much larger than even the most pessimistic observers of hunger trends had expected and cast an alarming light on the daily hardships caused by the recession’s punishing effect on jobs and wages.

About a third of these struggling households had what the researchers called “very low food security,” meaning lack of money forced members to skip meals, cut portions or otherwise forgo food at some point in the year.

The other two-thirds typically had enough to eat, but only by eating cheaper or less varied foods, relying on government aid like food stamps, or visiting food pantries and soup kitchens.

One figure that drew officials’ attention was the number of households, 506,000, in which children faced “very low food security”: up from 323,000 the previous year. President Obama, who has pledged to end childhood hunger by 2015, released a statement while traveling in Asia that called the finding “particularly troubling.”

Analysts said the main reason for the growth was the rise in the unemployment rate, to 7.2 percent at the end of 2008 from 4.9 percent a year earlier. And since it now stands at 10.2 percent, the survey might in fact understate the number of Americans struggling to get adequate food.

The food stamp rolls have expanded to record levels, with 36 million Americans now collecting aid, an increase of nearly 40 percent from two years ago. And the American Recovery and Reinvestment Act, passed last winter, raised the average monthly food stamp benefit per person by about 17 percent, to $133. Many states have made it easier for those eligible to apply, but rising applications and staffing cuts have also brought long delays.

Problems gaining access to food were highest in households with children headed by single mothers. About 37 percent of them reported some form of food insecurity compared with 14 percent of married households with children. About 29 percent of Hispanic households reported food insecurity, compared with 27 percent of black households and 12 percent of white households. Serious problems were most prevalent in the South, followed equally by the West and Midwest.

taken from : http://www.nytimes.com/2009/11/17/us/17hunger.html?_r=1&src=twt&twt=nytimes

U.S. Economy: Unemployment Rate Jumps to 26-Year High

Tuesday, November 10th, 2009

The unemployment rate in the U.S. jumped to 10.2 percent in October, the highest level since 1983, casting a pall over the prospects for a sustained recovery and risking further erosion of President Barack Obama’s popularity.

Payrolls fell by 190,000 last month, more than forecast by economists, a Labor Department report showed today in Washington. The jobless rate rose from 9.8 percent in September. Factory payrolls dropped by the most in four months, and the average workweek held at a record low.

Treasury two-year notes rose on bets the Federal Reserve is more likely to maintain its pledge to keep interest rates near zero. The figures prompted Obama, who signed a bill today extending jobless benefits, to promise fresh measures to help put some of the 15.7 million unemployed Americans back to work.

Payrolls were forecast to drop 175,000 after an initially reported 263,000 decline for September, according to the median estimate of 84 economists surveyed by Bloomberg News. The jobless rate was projected to rise to 9.9 percent.

Obama signed into law a measure extending a tax credit of up to $8,000 for homebuyers and benefits for unemployed workers, and he promised to pursue further measures to create jobs.

“My economic team is looking at ideas such as additional investments in our aging roads and bridges, incentives to encourage families and business to make buildings more energy efficient,” additional tax cuts, and more steps to ease the flow of credit to small business and promote exports, he said today at the White House.

read the whole article here

Unemployed Koreans Quietly Turn to Manual Labor

Sunday, September 6th, 2009

More about it here

Quarter of London children come from jobless homes

Thursday, June 25th, 2009

Almost a quarter of children in London live in households where no one is working, official figures showed today.

The UK average for the proportion of children living in households where no one works is 15 per cent, but this rises to 23 per cent in London and 18 per centin the North East, North West, West Midlands and Wales, the Office for National Statistics data showed.

Further reading here

Is It Less Stressful to Get Laid Off Than Stay On?

Tuesday, March 17th, 2009

Compared with people who are straight-up laid off, those who keep their job but are under a constant threat of losing it suffer a greater decline in mental well-being.

read more about this issue here

Unemployment in U.S. Surges to 8.1%

Monday, March 9th, 2009

Pour les élèves de BTS, mais aussi tous les autres.

Lisez cet article sur la crise économique aux USA

The Great Depression

Sunday, October 5th, 2008

The media mention a lot  the_great_depression as a comparison with today’s financial crisis. Here are a few pictures related to this event. This first picture by Dorothea Lange is a classic (you may have seen it in you Histoty textbook). It’s title “Migrant Mother” also evokes immigration.  During The Dust Bowl families also left their homes in search of a better work.

This second picture evokes unemployement as a consequence of the Great Depression.

To finish, a short video from the BBC. Watch the images of the 1929 Crisis

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