According to recent study, states that exited federal unemployment programmes early pushed few individuals back to work and fueled a nearly $2 billion decrease in household spending, potentially harming their local economies.
Read More
The number of Americans who filed unemployment claims for the first time increased last week by 37,000 to 412,000, the Department of Labor reported on Thursday.
Read More
It is shutting a factory in Fawdon in the north east of England and shifting production to two other factories in York and Halifax, where it has invested 29.4 million pounds ($40.8 million). These two factories manufacture some of the chocolate maker’s biggest brands and York is also the base for Nestle Confectionery’s global R&D center. The site in Fawdon will close by 2023.
Read More
London has become the unemployment capital of the UK as the pandemic continues to take its toll on workers and businesses in the city. This high rate is mostly due to the fact that 92.2% of Londoners work in service based jobs such as retail and hospitality
Read More
Economists polled by Reuters had expected the unemployment levels would increase to 5.1% from 5.0%...
Read More
