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U.S. markets recover from steep losses
LONDON, Aug. 22 (UPI) -- The Department for Work and Pensions in Britain spent more on firing staff last year than it did on training and hiring young workers, government reports show.
The department spent $116.9 million eliminating 1,563 staff jobs since May 2010. In the same time frame, the department spent $98.8 million advancing job prospects for 16-24-year-olds, the Daily Mirror reported Monday.
The Labor Party quickly denounced the department's priorities. Shadow Work and Pensions Secretary Liam Byrne said, "A year and a half after the end of the recession we should be doing better."
The department said, "It's wrong to suggest tackling unemployment isn't a priority when spending on the Work Program alone to support people into sustainable jobs is expected to be $8.2 billion."
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JAKARTA, May 24 (UPI) --
Indonesia needs to address loopholes in its moratorium on deforestation, Greenpeace said.
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LISLE, Ill., May 24 (UPI) --
A new special operations tactical vehicle has been unveiled by three U.S. companies.
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First-time buyers are driving the expectations that a recovery has begun. Their numbers and market share are growing despite financing roadblocks and competition with investors for entry-level homes. ...
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It is a whole new ball of wax in Europe these days.
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