The jobs market is free-fall, according to analysis of the first real official data of the labour market since the government started rolling out measures to contain the spread of covid-19.
April 21,2020
The influential Leibniz Centre for European Economic Research (ZEW) survey forewarned on Tuesday of a protracted period of economic pain and only a slow recovery from the coronavirus crisis for the German, Eurozone and global economies.
April 21,2020
UK employment hit a new record in February ahead of the coronavirus shutdown, Office for National Statistics figures revealed Tuesday, but nearly 1.5 million new welfare claims since the beginning of March could push the jobless rate back up toward crisis era levels in the months ahead.
April 21,2020
U.S. unemployment could be closing in on financial crisis era highs after the coronavirus shutdown torpedoed the labour market, although the pace of job losses slowed last week, Department of Labor data suggested Thursday.
April 16,2020
UK unemployment rate has more than doubled during the three weeks of 'lockdown' imposed on the economy in order to slow the spread of coronavirus, likely taking the April 2020 jobless rate up to its highest level since February 2013, Pound Sterling Live calculations show.
April 15,2020
The UK's Treasury has agreed with the Bank of England to increase its overdraft, known as the Ways and Means facility (W&M), in order to meet a surge in funding commitments to soften the economic impact of the coronavirus pandemic.
April 9,2020
Economists at independent research house Capital Economics have looked at the latest surveys of the economy and concluded the current slump in UK economic activity will be greater than that experienced following the financial crisis of 2008 and the Great Depression of the 1930s.
April 7,2020
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