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Unemployment
Poor Economy and Controversial Government Driving Hungarians Out of Country
A growing number of Hungarians are fed up of the poor economy and an increasingly authoritarian government and are talking about leaving the country for good.
The Salon Index as Spain’s Economic Indicator
Hair salons, gyms and plastic surgery clinics have experienced strong growth since the housing bubble burst in 2007 as people are taking refuge in improving their physical image.
Exporting North Dakota
The state has the lowest unemployment rate in the country; 3.5 percent and is enjoying an oil boom.
Global Economy Enters ‘Dangerous Phase’
The International Monetary Fund warns that continuing political and economic woes in the US and eurozone could drag those economies back into recession while the troubles of Italy and Greece in particular continue.
Slump Causes Suicide Spike
Suicides are on the rise in those European countries suffering the most from the economic crisis.
Spaniards seek jobs in Germany
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Germany needs skilled workers to keep its economy humming, but it doesn’t have enough of its own. So it’s looking south, to countries like Spain, where unemployment remains high. As The World’s Gerry Hadden reports, a lot of young Spaniards are now thinking about moving to Germany. Download MP3
Unrest in Tunisia
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The government of Tunisia today reported more civilian deaths in the worst civil unrest in the country in more than two decades. Many of the protesters are young Tunisian adults who are protesting the country’s high unemployment rate. The World’s Clark Boyd reports. Download MP3Immigration and jobs
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Undocumented immigrants have long been accused of “stealing” work from Americans, but some economists say the relationship between unemployment and immigration isn’t clear cut. Lisa Mullins finds out more from Manuel Pastor, a professor of American studies and ethnicity at the University of Southern California.Download MP3
The mid-term campaign trail
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With operations in Iraq and Afghanistan, the United States is, of course, a country at war. But that doesn’t seem to be getting all that much attention in the weeks leading into the mid-term elections. The World’s Jason Margolis reports from Ohio. Download MP3Homeless in Spain
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Unemployment in Europe has reached a record high. It’s now at 10 % among the countries that use the Euro currency. As jobs disappear the number of people on the street across Europe has risen. And more are seeking shelter in airports. In Spain airports are a relatively safe sanctuary. The World’s Gerry Hadden explains from Barcelona. (flickr image by Arrels Fundació)Veterans on the job market
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Young American soldiers back from Iraq and Afghanistan face another battle at home:they’re trying to find work, at a time when unemployment is just under 10 %. Many of these veterans say they’d settle for just about anything that pays. Reporter Kirk Carapezza went to Fort McCoy (flickr image courtesy of markellis_1964) in Wisconsin to catch up with some of those who are about to start the difficult hunt for a job. Download MP3
Dubai’s debt crisis
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Download MP3What’s behind the fall of Dubai World? Some say Dubai’s Islamic banks may have abandoned their principles for Western-style investing. The World’s Aaron Schachter explains.
Dubai repercussions
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The government in Dubai has confirmed that it will not guarantee the debt of the state-controled investment company, Dubai World. This has led to sharp falls on the Dubai and Abu Dhabi stock markets. But the problems in Dubai and Abu Dhabi could have long-term repercussions in parts of Europe and the developing world. The World’s Jason Margolis has more. Download MP3
Dubai in trouble
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Shares at Wall Street fell on worries about Dubai’s debt problems, with the Dow Jones ending down 154 points on Friday. It was the US markets’ first chance to react to news that state-owned Dubai World had asked for more time to repay its debts. American markets were closed for Thanksgiving when other world markets all suffered steep losses. Alex Gallafent reports. Download MP3(Photo credit: Karim Sahib/AFP/Getty Images)
The Limits of GDP
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The recession in the U.S. is technically over. Gross Domestic Product, or GDP, grew at a rate of 3.5% in the last three months ending in September. But there’s a growing cadre of economists and other economy-watchers who say GDP has outlived its usefulness as a gauge of economic health. The World’s Jason Margolis has more. Download MP3
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