Low unemployment rate seen as sign of growth

first_imgLow unemployment rate seen as sign of growthOn 6 Mar 2001 in Personnel Today Comments are closed. France’s unemployment figures arethe lowest they have been for 10 years. The labour ministry said theunemployment rate dropped to nine per cent in January, 0.2 per cent down onDecember 2000. The number of job seekers in France has reduced by 46,000 to2.36 million. The data is seen by analysts as proof of robust growth in theeurozone’s second biggest economy. Figures show that that just over 10 per centof companies in the eurozone use the euro as currency. Unions strike overUruguayan privatisation plansTrade unions have underlined theirstrength in Uruguay by gathering 48,000 votes in a petition against apart-privatisation of some state enterprises. The petition is part of acampaign for a referendum on the move, which would come 10 years after asimilar poll ruled out privatisation of the state-run telecoms network. Thegovernment wants to increase managerial freedom to develop services and raisecapital, but unions fear weaker job security. http://www.elpais.es/Politics pushes HRaside in job cuts rowThe role of HR managers in SouthKorea is being sidelined as trade unions and the president fight a politicalbattle. Personnel Today’s sister publication, Global HR, reports that bankingunions accused the government of reneging on an agreement it had made to ensurethat the workforce was consulted over job cuts. Since the agreement was madeKim Dae Jung has sided with the banks in a dispute over compulsory redundanciesresulting from the merger of retail banks the Kookmin and the Housing andCommercial Bank. http://www.asiaweek.com/ Previous Article Next Article Related posts:No related photos.last_img read more