Wednesday, May 23, 2012 10:16 AM SAST

Unemployment

Unemployment occurs when a person is available and willing to work but currently without work. The prevalence of unemployment is usually measured using the unemployment rate, which is defined as the percentage of those in the labor force who are unemployed. The unemployment rate is also used in economic studies and economic indices such as the United States' Conference Board's Index of Leading Indicators as a measure of the state of macroeconomics. Read More

Articles About Unemployment

Austaralia is world's happiest nation, according to OECD Better Life Index
Australia Tops OECD Better Life Index of Industrialised Nations

By IBTimes UK

Australia ranks as world's happiest nation in OECD Better Life Index - ahead of Norway and US. (7:02 am)

MORE TOPICS: MANUFACTURING, GDP, AUSTRALIA, INVESTMENT

Chinese Premier Wen Jiabao
Growth to be Bigger Priority in China: Jiabao

By Economy Watch

Chinese Premier Wen Jiabao has called for stimulus policies that would boost the nation's slowing economic prospects. (1:33 am)

MORE TOPICS: CHINA

US Markets
Market Winds May Be Shifting

By IBTimes

The G8 leaders also said that it is “our imperative to promote growth and jobs”. (10:11 pm)

MORE TOPICS: CHINA, GOLD, GERMANY, FACEBOOK, G20, INVESTMENT

Daily Summary on USD, Euro, GBP, JPY, CAD, AUD and NZD

By Union Bank of California

The dollar is mixed this morning, falling lower against many East Asian and Scandinavian currencies while pushing back to the top of its recent ranges against its other major counterparts. Stocks and commodities have generally extended yesterday's rally even as economic data came in mixed. (6:32 pm)

MORE TOPICS: GOLD, IMF, EXISTING HOME SALES, MANUFACTURING, JAPAN, COPPER

International Monetary Fund's Managing Director Christine Lagarde
IMF's Christine Lagarde tells UK: 'Growth Too Slow' [NEWS VIDEO]

By IBTimes UK

The British government and the Bank of England must do much more to stimulate growth in the country's economy, the IMF's Christine Lagarde said. (6:30 pm)

MORE TOPICS: IMF, BANK OF ENGLAND, INTERNATIONAL MONETARY FUND, LONDON, GDP

Euro zone consumer confidence rises in May

By Reuters UK

Euro zone consumer confidence nudged higher in May, figures released on Tuesday showed, though inflation and unemployment continued to temper improvements in sentiment. (5:56 pm)

MORE TOPICS: EUROPEAN UNION

New Democrat Ad: Republicans Attack Romney's Bain Background, Too [VIDEO]
New Democrat Ad: Republicans Attack Romney's Bain Background, Too

By IBTimes

As Republicans take the words of Newark Mayor Cory Booker and other Democrats to slam Obama's attack on Mitt Romney's private-equity roots, Democrats would like to remind the public that prominent GOP politicians have gone after Bain Capital, too. (5:29 pm)

MORE TOPICS: SARAH PALIN, INVESTMENT

Spain
Spain: Teachers And Students Protest Education Spending Cuts

By IBTimes

Teachers and students in Spain staged a mass strike on Tuesday in protest of government budget cuts that could put 100,000 substitute teachers out of work. (5:05 pm)

Oil lower on EU concerns

By CME Group

The risk asset markets are struggling to get a bid this morning after a modest short covering rally to start the week. The underlying problems that have driven oil, equity and most commodity markets lower over the last month or so have not changed. (3:40 pm)

MORE TOPICS: CHINA, CRUDE OIL, GERMANY, TWITTER, EUROPEAN UNION, GDP

IMF tells the government: Do more to drive growth

By Reuters UK

Britain must do more to bolster demand and the Bank of England should purchase more assets or even cut its main interest rate - already at a record low - to prevent years of sluggish growth, the International Monetary Fund said on Tuesday. (2:42 pm)

MORE TOPICS: IMF, BANK OF ENGLAND, INTERNATIONAL MONETARY FUND