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Spain's unemployment must be dealt with -econ sec

Tackling Spain's dramatic unemployment rate is a priority for the country, said Spain's Secretary of State for the Economy at an investor presentation in London on Wednesday.

Yemeni president won’t seek re-election when term expires

The president of Yemen, Ali Abdullah Saleh, said he will not seek to extend his term as ruler of this poverty-stricken country beyond 2013, according to media reports, as another domino falls in the wake of political upheavals in the Middle East.

US private sector employment continues to improve

A worker constructs a fence as he helps with the building of a pedestrian bridge in downtown San Diego

Employment in the US private sector rose more than expected in January, posting a gain for the fourth consecutive month. Private sector employment increased by 187,000 from December to January, ADP Employment Report said on Wednesday.

IMF Managing Director Dominique Strauss-Kahn

IMF chief’s speech on how global imbalances, high unemployment might prompt civil wars: FULL-TEXT

Dominique Strauss-Kahn, managing director of the International Monetary Fund delivered the following speech at the Monetary Authority of Singapore on February 1, 2011.

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Joblessness, rising prices could spark war within nations: IMF chief

The world economy is beset by problems such as high unemployment and rising prices which could fuel trade protectionism and even lead to war within nations, the head of the International Monetary Fund warned on Tuesday.

German jobless rate falls to lowest since 1992

Joblessness in Germany fell more than expected in January to leave the unemployment rate at its lowest level since March 1992, data showed, fuelling hopes that consumer spending will help underpin the country's economic

Revenues are up, but what happened to the jobs?

Job growth still slow despite upward earnings, GDP growth

Exclusive: Small business borrowing jumps in December: PayNet

Borrowing by small businesses jumped for a fifth straight month in December, data released by PayNet Inc on Tuesday showed, a fresh sign that the U.S. economic recovery is gaining ground.

Thousands of foreclosed houses remain empty in U.S.

Empty homes litter U.S. as occupancy dwindles

The number of empty houses in the U.S. is close to 20 million, Census shows

Joblessness, rising prices may fuel unrest: IMF chief

German Labour Minister Ursula von der Leyen speaks in support of her reform proposal of the Harz IV minimum unemployment benefit Bundesrat in Berlin

German unemployment rate at record low

The number of unemployed people in Germany fell in January 2011, reaching the lowest levels since November 1992.

Morocco will not be spared from unrest, royal family member says

The unrest rolling across in the Middle East will likely not spare Morocco, said a relative of King Mohammed VI in an interview published Monday.

In Russia's Muslim south, insurgency gains strength

Neiba scrapes out a meagre income selling soil-caked clumps of wild garlic she picks in the forests of Russia's poorest province -- an occupation a growing Islamic insurgency has made increasingly hazardous.

In U.S., sharp debate on jobs, deficit cuts

A sharp debate rages among top U.S. lawmakers on ways to create new jobs and deal with rising federal government deficits, with limited cuts on one side and bigger cuts on the other.

Holiday shoppers browse Macy's department store in New York City

Consumer spending rises 0.7 percent in Dec

U.S. consumer spending rose more than expected in December to post the sixth straight month of gains as households drew down on their savings to fund purchases, government data showed on Monday.

Governments, firms evacuate citizens from Egypt

Governments, airlines and tour operators worked together on Monday to fly their nationals out of Egypt where protesters pressed their campaign to topple President Hosni Mubarak.

White House to launch job-creating start-up effort

The White House will announce an effort on Monday to encourage job-creating start-up businesses in hopes of reducing the country's stubbornly high unemployment rate.

Gold eases as Egypt rally loses steam

Gold eased on Monday after posting its largest daily gain in eight weeks on Friday and while the market did encounter some safe-haven buying on the back of the unrest in Egypt, this was expected to be temporary.

Moody's Downgrades Egypt's Bond Ratings to Ba2; Cuts Outlook to Negative

Moody's has downgraded Egypt's government bond ratings to Ba2 from Ba1 and has cut the outlook to negative from stable.

German retail sales post second monthly decline in Dec.

German retail sales fell unexpectedly in December 2010, posting a decline for a second consecutive month, the Federal Statistics Office said on Monday.

After Egypt, can Syria fall next?

The ruling elite of Syria are likely monitoring the cataclysmic events in Egypt with both astonishment and fear

Wikileaks helped spark Tunisia revolt : FP

Wikileaks, by releasing damning cables from the U.S. ambassador to Tunisia, impacted the country's decision to revolt.

Egyptians defy curfew, call for Mubarak to go

Thousands of angry Egyptians defied a curfew on Saturday for the second day in a row and stayed on the streets to push their demand that President Hosni Mubarak resign.

OPINION UPDATE: Looting and lawlessness undermines Egyptian protesters’ cause

The video footage of Egyptian anti-government demonstrations included scenes of protesters (almost entirely young men) looting buildings and carrying off pieces of furniture and whatever other items they are able to seize with their bare hands.

Graduating students at the University of Michigan

College grads under high stress over economy, unemployment

Vulnerable economy and parental unemployment affecting students' emotional health, finds CIRP Survey

Rich corporations must share wealth to avoid unrest

Poverty and unemployment reared their heads at the World Economic Forum on Thursday, with speakers urging the elite audience to bridge a growing gap between booming multinationals and the jobless poor.

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