Italy’s jobless rate was stable at 10.2% in April, national statistics bureau ISTAT reported on Tuesday, with employment levels little changed from the month before.
Australia’s government said on Thursday its budget was in balance for the first time in a decade and a surplus this year was all but certain, though fiscal stimulus to boost jobs and growth was still seen unlikely for now.
The number of Americans filing for unemployment benefits surged by the most since 2012 to a 2-1/2-year high last week, as companies in the services sectors laid off workers because of the coronavirus pandemic.
Another Thursday with a shocking number of workers losing their jobs, another gain for the stock market. US stocks pushed higher in morning trading, even after the government said 4.4 million people filed for unemployment benefits
The world’s 1 billion people living with disabilities are among the hardest hit by the coronavirus, as highlighted by UN Secretary-General Antonio Guterres, and this is indeed a matter of huge concern.
The US unemployment rate hit 14.7% in April, the highest rate since the Great Depression, as 20.5 million jobs vanished in the worst monthly loss on record.
Nearly 3 million laid-off workers applied for US unemployment benefits last week as the viral outbreak led more companies to slash jobs.
The number of workers filing for jobless benefits since the coronavirus arrived in the United States passed 40 million on Thursday while manufactured goods sales plunged even as signs emerged that people are returning to work.
Times are hard now, whether you’re a small business owner or a consumer. It seems that the only ones who appear to be benefiting from the current crisis are the large corporations. I recently read that, whereas we are losing our jobs or our salaries are being sliced and diced, the big billionnaire has still managed to double his income in the last three months.