Many of Brazil’s biggest retailers, homebuilders and carmakers are cutting jobs as the economy teeters on the edge of recession. Today’s graphic looks at Brazil’s struggling job market.
Today’s graphic shows the findings from a Reuters/Ipsos online poll of Americans ages 18+ who are currently unemployed or retired. 34% of respondents said they had stopped looking for work because the job market was so bad. Despite the falling unemployment rate, 40% said they were no more optimistic about their job search today than when they initially stopped working.
The Chinese government is reexamining its higher education system as many of the college graduates who are entering the job market are often ill-equipped to fill those jobs. Today’s graphic shows higher education data in China since 2001.
U.S. employers kept up a strong pace of hiring in May, returning employment to its pre-recession level. However, the share of Americans who have jobs or are looking for one has fallen steeply, though many states have shown signs of improvement. Read everything you need to know about the May jobs report in today’s live blog.
Today’s graphic looks at the Russian economy under Vladimir Putin in six charts. This month marked the 10th year of Putin’s presidency. Read the full Reuters investigates special report on how Russia does business in the Putin era.
Irish bond yields dipped today after Moody’s raised the country’s rating by two notches on Friday, citing strong growth dynamics. At around 120% of GDP, Ireland still has one of the most bloated government debt burdens in the euro zone. Today’s graphic shows the long-term sovereign debt ratings for some of the world’s major economies.
Today’s graphic shows the change in workforce at the top ten investment banks. It tracks the job loss or gain since the 2008 financial crisis. Which workforce shift surprises you the most?
Taxes on wages rose across industrialized countries last year, as governments sought to reduce budget deficits increased by attempts to counteract years of economic weakness following the global financial crisis. According to the OECD, the total world taxes on wages rose to 35.9% in 2013 from 35.7% a year earlier. Today’s graphic shows the tax wedge and unemployment rate of the OECD countries.
Only 48.2% of Latin America’s young people have a formal job while 20.3% of the region’s youth population are not in employment, education or training. Today’s graphic looks at unemployment in Latin America, based on the ILO’s report, “Decent Work and Youth: Policies for Action.”