UK job market perks up in latest sign of recovery By Christina Fincher and William Schomberg LONDON (Reuters) - Fewer Britons claimed unemployment benefit in May than at any time in the last two years although wages clawed back only a bit of ground lost to inflation, data showed on Wednesday. In the latest sign the British economy is shrugging off two years of stagnation, the number of people claiming jobless benefit dropped by 8,600 last month ...
June 12, 2013 - Reuters via Yahoo! News
Surprise Growth In Eurozone Industrial Output Adds To Recovery Hopes Industrial production in the euro area increased in April, defying economists' forecast for stagnation, but the rate of growth was weakened by lower output of energy and durable consumer goods. Yet, the data has given rise to fresh hopes that the region is slowly emerging from its long-drawn recession.
June 12, 2013 - RTT News
Will Prime Minister Abe save Japan's economy? Long held up as a cautionary tale for the US and Europe, Japan’s economy is now being talked about in much more effusive tones.Six months after he took office promising to drag the world’s third-largest economy out of two “lost” decades of stagnation, Prime Minister Shinzo Abe’s approach – inevitably dubbed Abenomics – is now being touted as an alternative to the West’s austerity drive.The Tokyo ...
June 11, 2013 - Christian Science Monitor via Yahoo! News