Unemployment rose by 50,000 to 1.35m in three months to March as report shows youngest and oldest workers are hardest hit by coronavirus crisis Unemployment figures show a rise of 50,000 people in three months to March A report by the Resolution Foundation found younger people facing pay cuts The report also warns older workers face risk … Read more
US unemployment hits a post-WWII record of 14.7% after 20m jobs are lost in just one month By Hugo Duncan for the Daily Mail Published: 21:51 BST, 8 May 2020 | Updated: 09:12 BST, 9 May 2020 Unemployment in the United States has soared to a record high after the loss of more than 20m … Read more
Unemployment increased by 22,000 leaving 1.36million Britons out of work in three months before coronavirus hit By Mark Duell for MailOnline Published: 07:16 BST, 21 April 2020 | Updated: 07:26 BST, 21 April 2020 Unemployment in Britain increased by 22,000 to 1.36 million in the three months to February – before the coronavirus pandemic gripped … Read more
Sony considers scaling back PlayStation 5 launch and shipping up to two million fewer consoles as it fears demand will be lower amid coronavirus pandemic Sony is considering scaling back its plans for the PlayStation 5 launch The company is planning to ship between five million and 6.5 million consoles That would be one to … Read more
The coronavirus outbreak has thrown at least 22 million Americans out of work in four weeks as tough measures to control the coronavirus outbreak decimates 13.5 percent of the US workforce and 10 years of job growth. There were 5.2 million new claims for unemployment benefits filed last week, according to the latest Labor Department figures released on Thursday. … Read more
The coronavirus outbreak has thrown at least 16.8 million Americans out of work in just three weeks as the coronavirus outbreak continues to tear through the country, bringing the economy to a near standstill. A record 6.6 million new claims for unemployment benefits were filed last week, according to the latest Labor Department figures released … Read more
The number of Americans filing claims for unemployment benefits last week has shot to a record 6.6 million – as layoffs increased amid the coronavirus pandemic and more states enforced stay-at-home orders. New claims for unemployment benefits rose to 6.65 million in the latest week from the 3.3 million the previous week, according to figures … Read more
ALABAMA Gov. Kay Ivey issued statewide shutdowns of all beaches, child care facilities, dine-in restaurants and other services effective 5pm March 19. All public schools are closed until April 6. This extended previous rules closing day cares, senior centers and on-site restaurant dining across six counties and banning public gatherings of more than 25 people … Read more
Donald Trump said Wednesday that he doesn’t agree with his Treasury secretary that unemployment rates could reach levels as high as 20 per cent. ‘No, well I don’t agree with that. No, I don’t agree,’ he insisted during a White House press briefing on coronavirus Wednesday afternoon. ‘That’s an absolute, total, worst case scenario,’ he … Read more
Unemployment ROSE by 5,000 at the end of last year in the first annual increase in eight years before coronavirus struck the UK By David Wilcock, Whitehall Correspondent For Mailonline Published: 10:16 GMT, 17 March 2020 | Updated: 10:16 GMT, 17 March 2020 UK unemployment rose by 5,000 at the end of last year ahead … Read more