Unemployment

20 May 2013

In feudal China, taking the imperial examinations was the only way for ordinary people to join the palace and make their mark.

Cramming for the exam required years of extensive reading,...

5:24AM

4 comments

France’s Hollande urges euro zone government, common debt

17 May 2013

French President Francois Hollande called on Thursday for an economic government in the euro zone that would have its own budget, the right to issue debt, a harmonised tax system and a full-time...

11:47AM

Australia employment surges in April, jobless drops

9 May 2013

Australian employment surged by 50,100 in April to more than make up for a drop the previous month and nudge the jobless rate down, a resoundingly upbeat report that sent the local dollar speeding...

11:14AM

US employers add 165,000 jobs as unemployment rate falls to 7.5pc

3 May 2013

US employers added 165,000 jobs in April, and hiring was much stronger in the previous two months than the government first estimated. The job increases helped reduce the unemployment rate from 7....

9:06PM

US economic reports hold out hope for hiring gains

3 May 2013

Fewer Americans are losing their jobs. Employers are struggling to squeeze more work from their staffs. The US is producing so much oil that imports are plunging, narrowing the trade deficit.

11:53AM

Fed keeps door open to more Q.E. stimulus

2 May 2013

The Federal Reserve kept its easy-money policies but left the door open to step up bond purchases if the economy slowed under the government's severe "sequester" spending cuts.

3:31AM

Opinion

Attempts to diversify China's reserves have been a disaster

4:45AM

Howard Winn

China is like the EU; provinces are its member states

5:26AM

Talking points

All eyes turn to North Korea, which celebrates the anniversary of the foundation of its army - and may mark the occasion with a new missile test.

3:03AM

Unemployment isn't working

America's wretched economic plight was revealed last week with the announcement that the country gained a mere 88,000 jobs last month. Although the monthly numbers can be unpredictable and erratic...

3:57AM

Building approvals in surprise decline

The number of permits granted to build or renovate houses and apartments fell 4.4 per cent from November, when they rose a revised 3.4 per cent, the Bureau of Statistics said in Sydney on Monday....

4:59AM

Misguided belief in austerity diverts attention from need for jobs

Three years ago, a terrible thing happened to economic policy. Although the worst of the financial crisis was over, economies on both sides of the Atlantic remained deeply depressed, with very...

6:42AM

US jobs figure sparks hope, stocks up

US employment grew modestly last month and gains in the prior two months were bigger than initially reported, supporting views the economy's sluggish recovery was on track despite a surprise...

4:48AM

Recession, technology kill middle-class jobs

Five years after the start of the Great Recession, the toll is terrifyingly clear: Millions of middle-class jobs have been lost in developed countries the world over.

And the situation is...

3:33PM