EU joblessness is poised to worsen

Article Abstract:

Unemployment in the European Union is forecast to worsen, possibly as high as in the 1990's, over nine percent. Economic interpretations stem from high oil prices, slow economic growth, increasing wage demands and increased competition from low cost countries is creating financial pressure on corporate budgets. Also, many corporations are downsizing to be more efficient.

Unemployment, Economic forecasting

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Flexibility emerges in EU labor market

Article Abstract:

According to a report from the European Central Bank, European companies are trimming labor costs by choosing to reduce worker hours instead of making layoffs. Economists see the trend as a positive one that spares employers having to pay the high fees that would be required to cover health care and retirement benefits for new employees once business picks up again.

Management dynamics, Business Personnel Management, Work Schedules, Labor Relations, Employee Relations, Analysis, Management, Work hours, Human resource management, Political aspects, Labor market, Company business management, Hours of labour, Labor costs, Labour relations, Labour market, Labour costs

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Currency investors' vote on the Euro: Down 2.2% in two days

Article Abstract:

The Euro has decreased 2.2 percent in two days in its third month of declines. The French populace voted down a proposed European Union constitution and the Dutch constituents are expected to do the same, possibly throwing the approval process by other European countries into disarray.

France, Commodity & service prices, Prices and rates, Euro (Currency), Company pricing policy, Euro currency transition

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