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Migration from crisis countries up by nearly half—OECD

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Migration from countries worst affected by the global financial crisis has jumped by almost half since 2009, despite a dwindling number of jobs in host nations, the OECD said in a report on Thursday.

Posted: June 14th, 2013 in Latest Business Stories | Read More »

Spaniards head to Latin America as crisis turns tide

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An elderly woman goes for a walk with her dog on a cold morning, in Pamplona, northern Spain on Sunday, Dec. 9, 2012. With Spain's jobless rate above 25 percent, and 52 percent among the under-24s, they are looking not only north within Europe, but south to countries such as booming Brazil or Venezuela to find work and start companies.  AP PHOTO/ALVARO BARRIENTOS

For years it was a source of labor: Latin America, from where Spain’s poor colonial cousins flocked to work on its booming building sites. A decade on, the trend has gone into reverse.

Posted: December 10th, 2012 in Latest Business Stories | Read More »

Outsourcing stems Philippines labour exodus

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Malaysia-based computer whiz Arlene Teodoro packed his bags and flew home to the Philippines this year, going against the tide in an impoverished country that sends millions of workers abroad.

Posted: November 25th, 2011 in Latest Business Stories | Read More »

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