Tag: Unemployment

• Wednesday, June 30th 2021 - 09:23 UTC

  Unemployment crosses double-digit psychological threshold in Uruguay

  

  Uruguay's unemployment rate rose from 9.7% in April to 10.2% at the end of May, which marked a return of the index to double-digit figures, according to a monthly report released Tuesday by the National Institute of Statistics (INE).

• Saturday, June 5th 2021 - 08:57 UTC

  Latin America unemployment in 2021 forecast at 11.1%, according to ILO

  

  The International Labor Organization (ILO) Friday issued a report according to which 28 million Latin Americans are in a situation of working poverty due to the pandemic, for an overall unemployment rate of 11.1% in the region for the year 2021.

• Thursday, June 3rd 2021 - 08:15 UTC

  UN pessimistic report on jobs until at least 2023: 220 million forecast to be unemployed this year

  

  Global job growth will not recover to pre-pandemic levels until 2023 according to a report published by the UN's International Labor Organization (ILO) on Wednesday. The World Economic and Social Outlook report for 2021 projects that at least 220 million people were expected to be left unemployed this year, with only a slight improvement predicted for next year.

• Friday, May 7th 2021 - 09:13 UTC

  Colombia still shattered by unrest and demonstrations

  

  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”

• Friday, May 7th 2021 - 08:28 UTC

  Unemployment in Uruguay falls bellow 10% in March

  

  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).

• Monday, April 26th 2021 - 09:03 UTC

  Venezuela remains the most “miserable” country - Argentina not far behind

  

  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.

• Wednesday, February 24th 2021 - 08:33 UTC

  UK planning to spend billions to prop the economy over the next four months

  

  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.

• Saturday, January 30th 2021 - 09:23 UTC

  US economy hazy despite S&P surge, ten million workers jobless and record high unemployment applications

  

  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.

• Tuesday, January 26th 2021 - 09:27 UTC

  ILO: Pandemic in 2020 has caused massive loss of working hours, equivalent to 255 million full time jobs

  

  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.

• Tuesday, January 5th 2021 - 09:42 UTC

  Chile's unemployment eases to 10,8% but still several points above 2019

  

  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.