The number of Americans applying for unemployment benefits dropped last week, a sign that layoffs declined and the job market is slowly improving. The Labor Department said Thursday that jobless claims declined just 7,000 from the previous week to 411,000 for the week ending June 19, with 3.4 million Americans collecting continuing benefits. The number … Read more
Scammers recruit young adults left jobless by the pandemic as ‘money mules’ By Miles Dilworth For The Daily Mail Published: 22:00 GMT, 9 March 2021 | Updated: 22:00 GMT, 9 March 2021 Young adults left jobless and penniless by the pandemic are helping launder profits from crimes like drug dealing Young adults left jobless and … Read more
Tony Blair’s multi-millionaire son Euan joins multi-millionaire Chancellor Rishi Sunak to urge young jobless people to try their hand at apprenticeships PM’s son Blair is chief executive of Multiverse, in which he has £70m stake Sunak is ex-banker who married an Indian tech billionaire’s daughter Joined forces to back Plan for Jobs programme to stem … Read more
Britain’s jobless rate soars to five-year high after a record 395,000 lay-offs in the three months to November alone By Matt Oliver For The Daily Mail Published: 22:57 GMT, 26 January 2021 | Updated: 22:59 GMT, 26 January 2021 Britain’s unemployment rate has hit its highest level in nearly five years. The number of jobless … Read more
UK jobless rate creeps up to 5 per cent – the highest since 2016 – as employment slides with 800,000 fewer people on payroll than before the pandemic struck.. but the true damage is being masked by furlough ONS figures show unemployment has hit 5 per cent, highest level since 2016 Employment has fallen as … Read more
Ex-con Junaid Khan has married the sister of former One Direction star Zyan Malik, causing a major rift in the Malik family The new husband of Zayn Malik’s sister is a failed double-glazing salesman who lives in one of Bradford’s roughest areas where neighbours describe them as ‘the family from hell.’ Ex-con Junaid Khan, 24 has … Read more
Supermarkets slash cost of basics in price battle to help the jobless this festive season as coronavirus-linked unemployment rises Waitrose say it will cut prices of 200 own-label products by an average of 15% Meanwhile, Co-op is set to launch an ‘honest value’ range with up to 50 products It follows similar efforts by supermarkets, … Read more
Jobless total is heading for 3m in worst slump since the 1980s – and that’s before furlough scheme is wound down Official jobs data due on Tuesday is set to show unemployment hitting 3m Up to 60,000 more people are believed to be claiming unemployment benefits The Government’s furlough scheme will end completely on October … Read more
Markets were downbeat after a slew of figures laid bare the challenge facing governments as they try to revive their economies. In the US, another 2.4m people applied for unemployment benefits last week. This means that 38.6m Americans have made first-time applications for state assistance over the last nine weeks, when the effects of the … Read more
For the second week in a row, markets were braced for a leap in US unemployment figures. And for the second week in a row, jaw-dropping numbers outstripped even the most dire predictions. A record 6.65m Americans filed for help from the US Government last week, up from the previous record of 3.3m the week … Read more