The number of unemployed in Britain jumped to its highest level since 1994 as private companies failed to make up for the job losses in the public sector, fueling fears
Unemployment is increasing steadily in tribal-dominated Sundargarh district of Orissa despite presence of rich mineral resources, giant Rourkela Steel Plant (RSP) and many industrial units in the region.
Despite Orissa
Youth unemployment hit a record 81 million youngsters worldwide last year with the economic crisis, potentially breeding a "lost generation", the International Labour Organisation said today.
A staggering 37 American banks have folded up in 2010 or an average of 12 entities going bust every month.
The US has seen 15 bank failures out
President Barack Obama on Monday projected the U. S
For the first time ever unemployment in the European Union has reached 10 per cent of the active population, report says.
Asian stocks and currencies rose on Monday as investors bet that a surge in the U.S. unemployment rate to a 26-1/2-year high would force policymakers to keep many stimulus measures in place until an economic recovery was on more solid footing.
Oil was higher in Asian trade today after falling at the end of last week in reaction to a surge in US unemployment figures, analysts said.
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