WASHINGTON - From the 200 jobs cut at Air New Zealand to the 52,000 heading out the door at Citigroup, unemployment is on the rise around the world, straining government efforts to corral the credit crisis.
Even as credit markets show signs of slowly returning to working order, the real economy looks likely to deteriorate over the coming months.
Governments that were reluctant to spend public money to salvage banks will face growing ...
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Expert sourcing is too slim to call this well contextualized or deep. Could have done more to show the actual connections among the world economies that have been hit by joblessness.
Informative report on the surge of job cuts and unemployment claims around the world, as a result of the financial crisis. The article provides useful factual evidence from multiple sources to document the extent of this crisis, which the IMF expects would require a global stimulus of over $1.2 trillion to prevent further deterioration.
Only lazy minds think this way. Why unemployment. Right thinking man and right action will provide answer to employment related issues
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