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Articles tagged with unemployment

Insight: Central bankers cast as superheroes with no script

TOKYO/FRANKFURT - It is your first day as the new U.S. Federal Reserve chief: the main interest rate is 4.50 percent, the economy is overheating and the task is to keep inflation and unemployment low.

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Found more than 1 month ago on channel Reuters

Entrepreneurship declines as job market improves

NEW YORK - Fewer people are starting small businesses now that the job market is looking better. The number of companies started in 2012 fell along with the unemployment rate — a sign that people chose new jobs over launching their own companies, according to a study released Wednesday. The study by the Ewing Marion Kauffman Foundation estimated that there were 514,000 new business owners per mont...        

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Found more than 1 month ago on channel MSNBC

European car sales plummet, even in solid Germany

MILAN -- Europe's auto market is in freefall. Once the motor for Europe's economy, the car industry has fallen victim to the region's widening recession and soaring unemployment. Carmakers have suffered 18 straight months of declining sales as people worried that they might soon be out of a job put off making big purchases....

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Found more than 1 month ago on channel Associated Press

Hoping For a Raise? How About a Gift Card, Instead?

Many a disgruntled employee has complained of working for peanuts. But is working for lattes any better? Unemployment rates are still high and wages stagnant, but American workers are more productive than ever. That’s good news for the economy, but means that rank-and-file employees are working longer and harder. And what are we getting for all that extra effort in lieu of more pay? In many cases, gift cards. That’s right: About two-thirds of companies give their employees gift cards, says the Incentive Research Foundation, and it’s the biggest and fastest growing category of employee rewards. In an Incentive Research Federation research report published last year, 12% of responding companies said they gave gift cards for quarterly or end-of-year bonuses, and 43% said they gave gift cards as holiday gifts or bonuses. (MORE: Free Lunches at Work? The Tax Man Wants a Bite) Collectively, American companies spent nearly $23 billion on gift cards for employee “incentive and loyalty” ...

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Found more than 1 month ago on channel TIME Business

Fewer Americans Fall Behind on Debt

Daily Business Memo: Despite high unemployment and slow economic growth, here’s one clear sign of improvement for many consumers. Fewer Americans are falling behind on home auto and credit card payments. Consumer default rates dropped in March. “The first quarter of 2013 shows healthy consumer...        

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Found more than 1 month ago on channel Abc News