Colombia's National Unemployment Committee, an opposition group which brings together some 40 organizations, Wednesday staged another row of demonstrations nationwide against policies carried out by President Iván Duque, who insisted on regarding these actions as extreme vandalism and urban terrorism
Uruguay's labour market showed some recovery Thursday as unemployment in March fell to 9.7% from February's 11.1%, according to a report released by the National Institute of Statistics (INE).
Venezuela easily held to the dubious honour of being at the top of the list of the 2020 Global Economic Misery Index, while Argentina was merely seven notches behind.
The United Kingdom is set to spend billions of pounds in extra support for the economy over the next four months, as pandemic curbs pushed unemployment to its highest level of almost five years. The chancellor of the exchequer Rishi Sunak will set out the details in his Mar 3 budget.
The United States grew at a 4% annual rate in the final three months of 2020 and shrank last year by the largest amount in 74 years. The coronavirus inflicted the worst economic freeze since the end of World War II, the economy contracted 3.5% and clouded the outlook for this year.
Tentative signs of recovery are emerging in global labor markets, following unprecedented disruption in 2020 due to the Covid-19 pandemic, according to the latest report from the International Labour Organization, ILO.
Chile's unemployment rate eased to 10.8% between September and November, the government said in the last day of 2020, but remained well above the same period the previous year as the coronavirus pandemic continued to weigh on the economy of the world's top copper producer.
Brazil’s unemployment rate fell unexpectedly to 14.3% in the three months through October, official figures showed on Tuesday, the first decline this year as the number of people with jobs rose by almost 2 million from the prior three months.
US President Donald Trump on Sunday signed into law a US$2.3 trillion pandemic aid and spending package, restoring unemployment benefits to millions of Americans and averting a federal government shutdown in a crisis of his own making.
The unemployment rate in Argentina fell in the third quarter from the previous three months as an economic activity seems to be tepidly recovering. The rate fell to 11,7% at the end of September compared to 13,1% in the second quarter, according to the country's stats office, Indec.