Hartz IV reform did not reduce unemployment in Germany

The Hartz IV reform of the German labor market has been one of the most controversial reforms in the history of the reunited Federal Republic of Germany. It has been widely seen as the end of the welfare state leading into ...

Lack of worker skills threatens European recovery (Update 2)

Andrea Ortiz, a 24-year-old Spaniard, has degrees in law and business yet works in a multinational clothing company as a store clerk. She has little hope of advancement and fears that when finally she does get a job she wants, ...

Poverty stuck at 15 percent—record 46.5 million

The nation's poverty rate remained stuck at 15 percent last year despite America's slowly reviving economy, a discouraging lack of improvement for the record 46.5 million poor and an unwelcome benchmark for President Barack ...

Future employment prospects bleak

Europe's young people are facing a bleak future with a fragmented and precarious labour market that is only just beginning to be appreciated in the West, according to a paper to be presented this Thursday to the European ...

Young adults and driving: 'Ain't nobody got time for that'

More than a third of young adults who don't drive say they are too busy to get a driver's license—and more than a fifth have no intention of ever learning to drive, say researchers at the University of Michigan.

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