23 April 2020 U.S. Job Losses Near 30mn as Coronavirus Threatens a 13% Unemployment Rate for April

U.S. job losses slowed again last week, Department of Labor data revealed Thursday, but nearly 30 million Americans have made welfare claims since the coronavirus gained a foothold in the worlโ€ฆ

Read more … →
23 April 2020 UK Economy Suffers Unprecedented Crunch According to Flash PMIs

The UK economy suffered an unprecedented seizure in the March-April period according to the first wholistic set of data covering the coronavirus lockdown period.

Read more … →
21 April 2020 400% Monthly Increase in Benefit Claims Signals Historic Employment Slump Underway

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.

Read more … →
21 April 2020 ZEW Survey Warns of Protracted German Economic Slump and Slow Recovery

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 foโ€ฆ

Read more … →
21 April 2020 UK Employment Seen at Record High Ahead of Coronavirus Carnage

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 โ€ฆ

Read more … →
16 April 2020 U.S. Unemployment Rate Closing In On Crisis Era Highs but Job Losses Slowed Last Week

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 โ€ฆ

Read more … →
14 April 2020 Unemployment Has Doubled in UK Coronavirus 'Lockdown' to Highest Since February 2013

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 itโ€ฆ

Read more … →