Unemployment – Page 5 – THE OVAL CIRCLE

90,000 jobs to be lost in weeks: Events industry says London’s wage subsidy scheme is ‘of little use’

Posted on October 4, 2020October 4, 2020By Editor

The UK events sector has warned the government of the “existential threat” it is facing, claiming 90,000 redundancies will follow unless the industry receives tailored support. … Read More >90,000 jobs to be lost in weeks: Events industry says London’s wage subsidy scheme is ‘of little use’

Business

US employers cut record 2 MILLION JOBS as coronavirus batters economy

Posted on September 4, 2020September 4, 2020By Editor

Job cuts announced by US employers have hit nearly 2 million so far this year, with the entertainment industry accounting for 40 percent of total layoffs, according to global outplacement firm Challenger, Gray & Christmas. … Read More >US employers cut record 2 MILLION JOBS as coronavirus batters economy

Business

Eurozone unemployment continues to rise despite easing of coronavirus restrictions

Posted on September 2, 2020September 2, 2020By Editor

The partial reopening of economies has failed to boost the jobs market in Europe, with the seasonally adjusted July unemployment in both the euro area and the EU as a whole climbing to 7.9 percent and 7.2 percent respectively. … Read More >Eurozone unemployment continues to rise despite easing of coronavirus restrictions

Business

US weekly jobless claims fall below 1 million for first time since mid-March

Posted on August 15, 2020August 15, 2020By Editor

The US Labor Department said on Thursday that another 963,000 Americans filed for first-time unemployment benefits last week on a seasonally adjusted basis. It’s the first time in five months that the number is below a million. … Read More >US weekly jobless claims fall below 1 million for first time since mid-March

Business

US unemployment during Covid-19 pandemic approaches 55 MILLION

Posted on August 7, 2020August 7, 2020By Editor

The number of new unemployment insurance claims in the United States has improved marginally for the week ending August 1, with 1.186 million initial jobless claims. … Read More >US unemployment during Covid-19 pandemic approaches 55 MILLION

USA

The 1 Percent’s Attack on Unemployment Benefits is a Sign of Our Broken Democracy

Posted on August 3, 2020August 3, 2020By Editor

Members of the One Percent, such as former restaurateur Andrew Puzder, have urged Congress to not renew the $600 a week unemployment supplement Congress enacted as part of the CARES Act. … Read More >The 1 Percent’s Attack on Unemployment Benefits is a Sign of Our Broken Democracy

Shows

Angrynomics

Posted on July 13, 2020July 13, 2020By Editor

A heady mix of precarious employment, stagnant wages, diminished opportunities and a contracting economic pie has pushed many people to the limit. … Read More >Angrynomics

Business

US unemployment during Covid-19 crisis reaches nearly 50 MILLION

Posted on July 10, 2020July 10, 2020By Editor

Another 1.3 million Americans have filed for unemployment in the week ending July 4, with the coronavirus pandemic still raging in the country, according to the latest US Labor Department data released on Thursday. … Read More >US unemployment during Covid-19 crisis reaches nearly 50 MILLION

More than ONE MILLION young people will be jobless in UK by next year unless government intervenes, new report warns

Posted on July 5, 2020July 5, 2020By Editor

Young people in Britain are facing the worst jobs crisis since records began. Over one million will be plunged into unemployment by the end of 2020 if the UK government doesn’t intervene, new research has warned. … Read More >More than ONE MILLION young people will be jobless in UK by next year unless government intervenes, new report warns

Op-ed

Failure to Reopen US in ‘Humane, Open Way’ Puts Millions of Unemployed in ‘Unspeakable Position’

Posted on July 1, 2020July 1, 2020By Editor

As identified cases of COVID-19 approach 2.63 million in the US and record numbers of the cases continue to be recorded daily, states such as Arizona have once again closed bars, gyms and theaters. One expert tells Radio Sputnik that US issues with rebounding may be related to the federal government’s initial response to the pandemic. … Read More >Failure to Reopen US in ‘Humane, Open Way’ Puts Millions of Unemployed in ‘Unspeakable Position’

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