Tag: employment

Tuesday, October 12th 2021 - 09:32 UTC
Uruguay: IMF recommends addressing skill-mismatch between the labour force and new jobs

Last week we published an IMF preliminary statement on the situation of the Uruguayan economy in which it praised the government's handling of the pandemic underlining Uruguay's solid institutions, well-functioning democracy and a high degree of social cohesion.
Saturday, November 28th 2020 - 09:05 UTC
Record unemployment in Brazil, 14,4% and underemployment, 30,3%

The number of registered Brazilians out of work and the national unemployment rate rose to the highest on record, official figures showed on Friday, as the easing of COVID-19 lockdown measures encouraged people to look for work again.
Wednesday, August 19th 2020 - 09:54 UTC
Latam lost US$ 890 million in the second quarter and has laid off 30% of its pre-pandemic workforce

LATAM Airlines, South America's largest carrier, on Tuesday said it had laid off 12,600 employees since March - or almost 30% of its pre-coronavirus workforce - due to the pandemic that has upended the global travel industry. The company also reported a net loss of US$ 890 million for the second quarter.
Saturday, June 6th 2020 - 13:55 UTC
US jobless rate falls to 13,3% in May, triggering optimism that the worst of the pandemic is easing

The U.S. economy unexpectedly added jobs in May after suffering record losses in the prior month, offering the clearest signal yet that the downturn triggered by the COVID-19 pandemic was probably over, though the road to recovery could be long.
Wednesday, May 20th 2020 - 22:02 UTC
In post-pandemic, making the transport sector “green” could create 15 million new jobs, ILO

Transforming the transport sector to be more environmentally-friendly in the aftermath of the COVID-19 pandemic, could create up to 15 million new jobs worldwide and help countries move to greener, healthier economies, according to an UN-backed report published on Tuesday.
Thursday, November 14th 2019 - 18:23 UTC
OECD report warns about the middle class “squeezed by the ultra rich”

Middle-class families are seeing their incomes stagnating as they are squeezed by the ultra-rich taking a bigger slice, says an international report from the OECD economics think tank.
Wednesday, October 16th 2019 - 17:40 UTC
Brazilian economy still on the takeoff tarmac, lack of confidence blamed

Brazil's economy is on an erratic path, according to economic activity data released for the third quarter of 2019. The economy shows no signs of a consistent recovery, and economic activity still depends on household consumption, trade, and the service sector.
Saturday, October 5th 2019 - 09:37 UTC
US unemployment at a record 50-year low in September, but manufacturing fell sharply

The U.S. unemployment rate dropped to near a 50-year low of 3.5per cent in September, with job growth increasing moderately, suggesting the slowing economy could avoid a recession for now despite trade tensions that are hammering manufacturing.
Wednesday, February 20th 2019 - 08:32 UTC
UK record employment in 2018 fourth quarter; jobless rate 4%, lowest since 1975

The number of people in work in the UK has continued to climb, with a record 32.6 million employed between October and December, the latest Office for National Statistics figure show. Unemployment was little-changed in the three-month period at 1.36 million.
Friday, January 25th 2019 - 09:42 UTC
US economy showing best employment numbers in almost half a century

The number of United States citizens filing applications for unemployment benefits fell to more than a 49-year low last week, but the drop likely overstates the health of the labour market as claims for several states including California were estimated.