Tag: unemployment

THE massive growth in unemployment sparked by the worldwide financial collapse in the capitalist system in 2008 is hitting youth so hard that the...

THE ITUC international trade union has described the high and rising levels of youth unemployment globally as a ‘social time-bomb’, which risks damaging the...

THE leading Blairite and Labour party member, Alan Milburn, who was forced to resign as Labour’s Health Secretary for his over-enthusiasm for complete NHS...

Youth unemployment is increasing in two thirds of local authorities across UK, warned the TUC on Wednesday. Office for National Statistics figures show that a...

THE number of young people in long-term unemployment has soared by 41.9 per cent in the last year, the latest unemployment figures from the...

THE UK’S Bank of England yesterday followed the lead of the US Federal Reserve Bank whose Chairman Bernanke had on Tuesday said that...

The Child Poverty Action Group (CPAG) yesterday condemned the coalition government’s decision to use ‘bounty hunters’ to tackle alleged benefit fraud. The charity was commenting...

UK industrial output fell unexpectedly in June, the latest official figures revealed yesterday. The Office for National Statistics (ONS) said industrial output fell 0.5 per...

INTEREST rates were kept down at one per cent in the EU and at 0.5 per cent in the UK yesterday. The European...

INTEREST rates were kept down at one per cent in the EU and at 0.5 per cent in the UK yesterday. The European...

THE former chairman of the US Federal Reserve, Alan Greenspan, has warned that the US economy is heading towards a deepening of the slump...

WORK and Pensions Secretary, ex-army officer Duncan Smith, yesterday addressed the world about ‘our broken benefits system’, when most people know what has broken,...

CALIFORNIA’S Republican Governor Arnold Schwarzenegger declared a fiscal state of emergency yesterday in a move to put pressure on members of California State Legislature...

More than 750,000 people are at risk of losing their homes in London and the south east because of caps being introduced on housing...

Public sector unions yesterday slammed prime minister Cameron’s ‘Big Society’ plans as a threat to public services and the welfare state. Commenting on Cameron’s speech...

THE RMT transport union confirmed yesterday that it is mobilising grassroots opposition amongst rank and file trade unionists to an invitation to Tory Prime...

Faced with a $19bn deficit, California Governor Arnold Schwarzenegger has ordered some 200,000 state workers to be paid the minimum wage because the state...

THE RMT’s Bob Crow yesterday issued a ‘call to arms’ to the entire Labour and Trade Union movement and to all the communities under...

THE Tory crusade has begun to resolve the capitalist crisis by heaping the cost of it onto the poor, the disabled, the elderly, the...

THE BMA’s Chairman, Dr Hamish Meldrum, fired a warning shot at the government yesterday as he opened the Association’s annual conference in Brighton. His...

Work and Pensions Secretary Duncan Smith yesterday revived former Thatcher minister Tebbit’s savage ‘on your bike’ attack on the unemployed. Duncan Smith announced plans for...

EX-ARMY officer Iain Duncan Smith, the Tory Work and Pensions Secretary, was yesterday planning just how to force unemployed workers to give up their...

COMMENTING on the Chancellor’s budget statement, Chris Keates, General Secretary of the NASUWT, the major teachers’ union, said: ‘Despite the Chancellor’s opening remarks that...

CONTRARY to Tory Chancellor Osborne’s claims that his Emergency Budget is ‘fair’ and ‘progressive’, it is actually unfair and regressive, hitting the poorest hardest. That...

TORY Chancellor Osborne’s Emergency Budget included measures to smash the spending on public services and smash the social security system, with the biggest spending...

OSBORNE said of his emergency Budget yesterday; ‘Yes it is tough; but it is also fair.’ Further on in his speech he allowed just...

BY JOHN COULTER, IRISH POLITICAL JOURNALIST SINN FEIN has called for the immediate ending of the Israeli blockade of Gaza. In a major speech, one of...

On the eve of today’s budget, striking lecturers told News Line they are determined to defend their pay, pensions and jobs against the Tory-led...

Labour leadership hopeful Ed Balls yesterday accused the Tories of wanting to take Britain back to the conditions of the 1930s. Trade unions are bracing...

THE Sri Lankan working class, both Tamil and Sinhalese, is suffering under the ‘iron heel’ of the Rajapakse dictatorship. This has killed tens of thousands...

THE Tory-Lib Dem shock and awe budget is due next Tuesday. Already workers, pensioners and youth are calling for action against this savage attack that...

The Greek government of Prime Minister Yiorghos Papandreou has unveiled the contents of a Presidential Decree which would allow for mass sackings, at half...

‘These despots, this rabble, these renegades from my army, these men of straw who dare to present themselves as righteous men in the cause...

WITH more than 100 million gallons of oil already freed to spew all over the US Gulf coast, the ‘special relationship’ between the US...

HISTORICALLY, the term Star Chamber is synonymous with feudal oppression and dictatorship over the people and over parliament, specifically with the attempts of...

OIL giant BP’s share price has fallen nearly 17 per cent to £4.12, its lowest level since March 2009. The sharp sell-off came as it...

On the eve of the new Tory Work and Pensions Secretary Iain Duncan Smith’s announcement of plans to drive the unemployed and sick off...

SPANISH Prime Minister Jose Luis Rodriguez Zapatero’s Socialist Party government scraped through Parliament its 15bn euro (£13bn) austerity package, by 169 votes to 168,...

The Public and Commercial Services union (PCS) yesterday slammed plans by new Works and Pensions Secretary Iain Duncan Smith to force five million people...

TORY Prime Minister David Cameron’s coalition government unveiled its plans to target the unemployed and others on benefits, depriving them of their entitlements, or...

THE OECD said yesterday that state indebtedness, and rapidly growing inflation is threatening to bring down the entire banking system. Its secretary general, Angel Gurria,...

THE International Monetary Fund (IMF) has raised its concerns about Spain’s economy, saying ‘far-reaching’ reforms are needed to ensure its recovery. It said the country...

THE INITIAL £6.25 billion spending cuts announced by the Tory-Lib Dem coalition government on Monday, that will lead to thousands of sackings and closures...

• No to the destruction of the state pension system • Down with the junta of the IMF-European Commission-Papandreou! • For an indefinite Political General Strike! Statement...

The draft coalition agreement reached by the Tories and the Liberal Democrats published on Wednesday makes clear their number one priority is to make...