Chilean President Sebastian Piñera announced on Sunday the launch of US$ 2 billion in subsidies aimed at creating new jobs or recovering those lost during months of lockdown aimed at stemming the coronavirus pandemic in the globe’s top copper producer.Add your comment!
Mexico added back 52,455 jobs in August, President Andres Manuel Lopez Obrador said on Saturday, hailing the news as a sign of recovery after the country lost more than 1 million jobs in the formal economy due to the coronavirus pandemic.
The number of people in work in Britain has suffered the biggest drop since 2009 and signs are growing that the coronavirus will take a heavier toll on the labor market as the government winds down its huge job-protection scheme.
The Falkland Islands Executive Council approved the extension of the employment/self-employment, job retention, unemployment subsidy and direct grant schemes which were introduced in response to the Covid-19 pandemic, and are currently being administered by the Treasury and FIDC.
Brazil's economy lost 1,198,363 formal jobs in the first half of the year, the Economy Ministry said on Tuesday. The figure is the result of 6,718,276 new hires and 7,916,639 layoffs over the six-month period due to the impact of the novel coronavirus on Latin America's largest economy.
Public sector jobs have soared in recent years in Argentina, and from a relation of 42 every 100 registered workers, white and blue-collar, back in 2012, it has jumped to 55 currently. This means that in the 2012/2017 period, the creation of government-paid jobs was larger than the overall employment in the Argentine economy.
The number of Americans filing for unemployment benefits unexpectedly rose last week for the first time in nearly four months, suggesting the labor market was stalling amid a resurgence in new COVID-19 cases and depressed demand.
The UK government on Wednesday unveiled a package worth £30 billion (US$37 billion, €33 billion) to save jobs and help the young into work to kick-start the coronavirus-hit economy.
The number of Americans filing claims for unemployment benefits fell moderately last week as the second wave of layoffs partially offset hiring by businesses reopening, suggesting the labor market could take years to recover from the COVID-19 pandemic.
The US tech sector is likely to be hit hard by President Donald Trump's decision to extend a freeze on most immigrant visas, with critics saying the move could undermine American innovation and leadership.