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German unemployment rises as economy runs out of steam
As major companies such as carmaker Opel announced short-time work schemes to cope with slumping demand, headline unemployment rose this month, with the total number of people out of work up by 29,100 in August from July to stand at 2.91 million, the Federal Labour Agency said. The unadjusted jobless…
European unemployment has risen two-thirds since 2010: Report
Unemployment has risen in two-thirds of European countries since 2010 as austerity hit growth and jobs, the International Labour Organisation has said. In its annual world of work report, the Geneva-based ILO warned that the weaknesses in the labour market were becoming ingrained, with high levels of long-term and youth…
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