Labor Economy

German industry wage deal lifts pay, enables flexible hours

Feb 6, 2018

Germany's biggest industrial union and employers have reached a deal on wages and working hours, ending a dispute that prompted a campaign of 24-hour walkouts last week

German government raises 2018 growth forecast to 2.4 percent

Jan 31, 2018

The German government is forecasting that the country's economy, Europe's biggest, will grow by 2.4 percent this year

Behind South Korea's chip boom, worries over future

Jan 31, 2018

The craze for smartphones, social media and universal connectivity is generating huge wealth but also deep unease in South Korea

French president hosts 140 world business leaders

Jan 22, 2018

French President Emmanuel Macron has hosted 140 world business leaders in a bid to convince them to invest and hire in France

The Latest: German Social Dems vote to enter coalition talks

Jan 21, 2018

Germany's Social Democrats have voted to enter coalition talks with Chancellor Angela Merkel's conservatives, a key step toward ending political gridlock and forming a new government

Race is on for succession to Europe's top economic posts

Jan 16, 2018

Europe is getting a new economic team in a complex and politically fraught game of musical chairs that will help determine the balance between austerity and spending, tight money and more central bank stimulus.

European Central Bank looks to review stimulus duration

Jan 11, 2018

Top officials at the European Central Bank at their last meeting remained wary of prematurely signaling the next steps in an expected exit from their monetary stimulus polices

German industrial union demands pay rise amid strong economy

Jan 9, 2018

Germany's largest industrial union pressed its demands for pay rises and the possibility for reduced work hours for its 3.9 million members with renewed short-term strikes, saying the economy's steady growth justifies better compensation and conditions

German unemployment sinks again as labor market stays strong

Nov 30, 2017

Germany's unemployment rate fell to 5.3 percent in November as the labor market in Europe's largest economy remained strong

'Macron effect' fuels Paris bid for post-Brexit business

Nov 23, 2017

U.S. businesses are more eager to invest and hire in France than they have been in years _ but want to see more progress first in President Emmanuel Macron's efforts to reduce labor costs and simplify taxes

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