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Youth unemployment has reached crisis proportions, with more than one in five people between 15 and 29 out of work, according to a survey. The survey by the Hyundai Research Institute showed that the real number of unemployed young people stood at 1.1 million in October last year, which translated into a rate of 22.1 percent. The number increased substantially from 990,000 in 2003, when the rate was 17.
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A staggering eight out of 10 young jobless Koreans are giving up looking for work altogether, a survey by the Korea Employment Information Service suggests.The survey of 10,000 people between 15 to 29 conducted from 2007 to 2012 sho... Read Post

TUNIS - Unemployment in Tunisia constitutes the country's top problem, and has reached dramatically endemic levels with jobless figures among the young bearing witness to a full-blown crisis. The results of the survey on labour cond... Read Post

The number of Americans filing new claims for unemployment benefits fell more than expected last week. ||| Washington - The number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing ... Read Post