Unemployment

Recessions have shaken the world economy in more than once and each time the world has come out of it at different pace. The world can still breathe easy as the gravity of the current recession, in terms of its recovery period, has not yet surpassed the Great Depression of 1930.

The UK has a 70 per cent chance of a double dip recession should Greece decide to leave the eurozone and subsequently default its debts, a thinktank has said.

Economic growth in the UK is expected to held back in 2012, despite a possible solution the Eurozone crisis, according to a report by the National Institute of Economic and Social Research (NIESR).

An independent research report published by the Cabinet office has revealed the independent motivation behind the riots.

Nations across the world have cheered the seven billionth babies into the world with much excitement. However, the ageing population is a cause of worry for some of them and they are turning no stones unturned to deal with the problem.

Labour’s leader, Ed Miliband clashed with the prime minister, David Cameron on the UK economy but avoided asking anything on the Eurozone issue.

The UK’s economy grew last quarter that surprised economists and politicians alike, but the same figures warned Britain is heading for dismal final quarter.

The governmental cuts will increase the national unemployment rate according to a leading economics consultant group.

Libya's National Transitional Council might have successfully ousted Gaddafi following months of a conflict which culminated with the former leader's death, but in Syria, activists were still in the streets protesting against Assad, while Egypt and Tunisia are still reeling from the fall of their former dictatorship.

The next generation of young men and women all across the world could soon face even higher rates of unemployment, as a consequence of high poverty levels in developing countries and unstable work situations in developed countries, the International Labor Organization warns.

Four of the original members of British reggae group UB40 have been declared bankrupt following on going bust-ups about their finances.

On 15 September 2011 the Office for National Statistics reported that the level of unemployment had remained unchanged at 7.9 per cent but only because the estimated number of people employed in the economy, had fallen by 69,0000 in the three months to July, to total 29.17 million, of whom 23.13 million are in the private sector 23.13 million and 6.04 million in the public.

The UK's economy has "stalled at a dangerous junction" and will grow less than expected this year, according to the independent forecaster Ernst and Young.

In less than 24 hours a reported 6000-strong host of protesters will meet at London's St. Paul's Cathedral and march on the London Stock Exchange.

The downgrading of Spain's credit rating on Friday is likely to stoke fears of a Eurozone debt crisis at a summit of G20 financial chiefs in Paris.

The profit margin for energy companies has risen to £125 per customer per year, from £15 in June, says regulator Ofgem.

The prime minister, David Cameron, has asked MPs to have a “little patience” in response to questions surrounding the defence secretary Liam Fox and his personal friend Adam Werritty.

Unemployment in the UK has risen to 2.57 million - the highest level since 1994 -official figures showed today.

Bad weather and rain did not prevent Liberians from lining up to vote Tuesday in national presidential elections, marking the second time Liberians have voted since the end of a 14-year civil war, with current President and Nobel Prize winner Ellen Johnson Sirleaf facing as a main competitor football star George Weah.

Ellen Johnson-Sirleaf, 72, known as the "Iron Lady" by her supporters, has been named as one of three joint winners of the 2011 Nobel Peace Prize, just six years after she became the first elected female heads of state.

At a time when the mood is gloom with unemployment figures rising and a stagnating economy, David Cameron urged Britons to "show the world some fight" in order to bounce back from troubled times, but his speech failed to reassure.

Human skulls taken from Namibia by Germany during the colonial period have finally been returned after more than 100 years, but now historians and activists demand that Germany pay reparations for the slaughter of more than 60,000 people.

After winning over the U.S. and the world with his 'Yes we can' slogan, Obama's next presidential campaign announces itself gloomier and harder than its precedent as a new poll suggest a majority of Americans expect him to be a one-term president, only, prompting the president to call himself an 'underdog.'

British Labour politician and the Shadow Chancellor of the Exchequer Ed Balls presented a 5-point theory to recover from the economic downturn.

I was speaking to a young couple from Madrid a couple of weeks back. They were on a camping holiday, a treat paid partly by their respective parents. Things were very bad in Spain they told me and both were most concerned about getting work. The young lady said: "Everybody's going to either Madrid or Barcelona...Really the only two places in the country where you can find anything. It's not good in the north (of Spain) and the south is just devastated."

The Liberal Democrats 2011 conference has started with an explosive speech by party President Tim Farron, claiming that the party should look to step away from the coalition before the next election. That is not far enough. The Liberal Democrats must go one step further and leave the coalition immediately in a bid to restore its battered reputation.

The UK economy has flat lined and with the threat of massive trade union strikes on November 30 of this year’s year both the public and economists are seriously considering whether David Cameron and Chancellor George Osborne have got their plan right. Has the UK moved down a road they can’t come back from or is it in fact that Ed Balls’ and the Labour Party plans simply are not credible?

The unemployment figures have reached at 7.9 per cent with youth unemployment rose harshly, by 78,000 to 973,000.

Fourth September this year marked the first anniversary of the 7.1 Richter scale earthquake that struck the city of Christchurch at 04.35 local time. New Zealand's second largest city, and the largest in the South Island, the miracle was surely that despite extensive damage, no-one was killed in the quake. No doubt that the quake hit the area early on a Saturday morning helped make this possible.

700,000 students across England, Wales and Northern Ireland will today receive their GCSE results.