UK: Survey charts emergence of new class system

The traditional view of a Britain made up working, middle and upper class people is no longer accurate, according to one of the largest studies of its kind.

3Qs: Expert weighs in on how to play a bull market

The Dow Jones industrial average reached a record high on Tuesday and continued rising throughout the week, erasing all of the losses suffered in the Great Recession of 2008–2009. But many investors have ignored the stunning ...

EU looks to hi-tech sector for jobs

Even with unemployment at record highs, there are hundreds of thousands of jobs available in information technology that governments and companies must work together to fill, the European Commission said Monday.

Unemployment benefits not sought by jobless

Employment insurance is a vital safety net for the unemployed across North America, yet some take advantage of the system. Recent headlines have made much of a recent report from the U.S. Department of Labor that 11 per cent ...

Consumer confidence plunges in December

(Phys.org)—Confidence plunged in December as consumers confronted the rising likelihood that political gridlock would push the country over the fiscal cliff.

A new theory on long-term unemployment

(Phys.org)—Com­pa­nies rank more recently unem­ployed job can­di­dates much higher than they would rank oth­er­wise qual­i­fied appli­cants who have been out of work for more than six months, cre­ating an "unem­ploy­ment ...

Experts expect compromise to avoid fallout from the 'fiscal cliff'

(Phys.org)—The image of a "fiscal cliff" may give the wrong impression of the potential fallout should Congress fail to take action by the end of the year on the Budget Control Act. Iowa State economist Dave Swenson described ...

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