Topic: Job Losses

EU: Some 4 million jobs vanished in 2009

EU statistics agency: some 4 million jobs disappeared in 2009 amid recessionOfficial data show that some 4 million jobs disappeared in the European Union last year, when countries were struggling to emerge from recession. In a Monday release, the EU statistical agency Eurostat said EU employment numbers dropped 1.8 ...
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Payrolls data buoy job creation hopes

WASHINGTON (Reuters) - U.S. employers cut fewer jobs than expected during snow-battered February and the unemployment rate held steady at 9.7 percent, bolstering views the economy was on the brink of creating jobs. President Barack Obama, whose approval ratings have dropped partly because of high unemployment, said the figures ...
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US jobless rate holds at 9.7 percent despite storms

The US economy shed fewer jobs than expected in February and the unemployment rate held at 9.7 percent despite severe winter storms, a government report said Friday, suggesting the labor market is stabilizing. The Labor Department said that nonfarm payrolls fell by 36,000, surprising most analysts who projected ...
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US private sector sheds 20,000 jobs in February

The US private sector shed the smallest number of jobs in two years in February, a payrolls firm said Wednesday in a report signaling a healing labor sector as the economy recovers from recession. Non-farm private payrolls fell 20,000 in February on a seasonally adjusted basis, payrolls firm ADP ...
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