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September 8, 2009

Mexico Unemployment: The unemployment number in Mexico reached 547.6 thousand people within a year

Filed under: Financial News — Tags: , — sherry @ 7:17 am -0700

Mexico Unemployment: The unemployment number in Mexico reached 547.6 thousand people within a year
According to Mexico’s “The Economist” reported on September 7, the Mexican Center for Social Security (IMSS) published data, it reported that from August last year to August of this year, a year’s time, Mexico unemployment number reached 547.6 thousand people, while over the same period, National new jobs are only 31100, the employment situation is still grim.

The center said that the largest unemployed industries are mainly: the automotive industry, manufacturing and electronic manufacturing, the new unemployment numbers were 79 thousand and 79.9 thousand people, an increase of 17.46% and 15.47%. Among them, export trade sector, unemployment is most serious, the main reason is that the U.S. economy continues to slump resulting in declining in domestic demand. According to Mexico’s central bank, it is expected that this year before, the number of unemployed reached the635000-735000 people, the outlook is not optimistic.

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April 15, 2009

A number of British major cities with unemployment rate increased

Filed under: Financial News — Tags: — Nancy @ 9:47 am -0700

A number of British major cities with unemployment rate increased
Xinhua on April 14th from London Electricity (Yang Mofei) British economic think tank, “the work of the Foundation,” released survey on 14th, with the extent of British economic recession deepened, as at the end of February in this year over the past year, many cities in UK greatly increased the unemployed population. In addition to major cities in the United Kingdom outside London, the unemployment rate in Birmingham was at top, from 5.3 percent a year ago rose 7.3 percent at the present, and peoples to receive unemployment benefits rose more than 30%.

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February 15, 2009

Unemployment of college graduates in China

Filed under: Financial News — Tags: — Nancy @ 9:57 am -0800

China will endeavor to solve the problem of unemployed college graduates
China will endeavor to solve the problem of unemployed college graduates and launch a graduate trainee program for one million unemployed college graduates in these three years, according to a circular issued by the general office of the State Council on Sunday. The program did not suggest a fixed length or pay scale of the training, but the circular demanded local governments and organizations which provided training to offer basic living subsidies to the trainees.

The government would build training bases for the program with responsible employers, and employers are encouraged to recruit graduate trainees, said the circular. Besides the trainee program, the government would also enhance technical training for graduates from vocational schools with a “double certificates” program.

According to the program, schools would help the students get vocational qualification certificates when they leave school, in addition to their graduate certificates. China had about 1.5 million unemployed college graduates by the end of 2008, registering an unemployment rate of 12 percent, the Chinese Academy of Social Sciences said in the Blue Book of China’s Economy (2009) last December.

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