Tag: Unemployment

• Wednesday, October 21st 2020 - 08:58 UTC

  Robots will replace 85 million jobs in next five years, but 97 million will be created in tech industries, WEF study

  

  Robots will destroy 85 million jobs at mid-sized to large businesses over the next five years as the COVID-19 pandemic accelerates changes in the workplace likely to exaggerate inequalities, a World Economic Forum (WEF) study has found.

• Friday, October 16th 2020 - 09:31 UTC

  UN agency advises Latin American to stimulate economies and help contain poverty and unemployment

  

  Countries of Latin America and the Caribbean must continue to ratchet up stimulus to beat back the devastating economic impacts of the coronavirus pandemic, the UN agency ECLAC said in a report issued this week.

• Friday, October 2nd 2020 - 09:49 UTC

  Chile in one year has lost 1,8 million jobs, and unemployment reached 12%

  

  The Chilean government has begun to gradually lift restrictions in the country in an attempt to reactivate the economy, given a drop in new cases with 1,556 (the lowest rate in three months), though areas with a high level of new cases remain under quarantine.

• Tuesday, September 29th 2020 - 09:26 UTC

  Chile announced US$ 2 billion package to help recover and create new jobs

  

  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.

• Monday, August 17th 2020 - 08:21 UTC

  Mexican president says economy recovering jobs

  

  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.

• Wednesday, August 12th 2020 - 09:40 UTC

  Mounting job losses are expected as Britain winds down its job-retention scheme

  

  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.

• Friday, August 7th 2020 - 07:41 UTC

  Falklands extends Covid-19 support schemes for two months until September 30

  

  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.

• Wednesday, July 29th 2020 - 09:40 UTC

  Brazil's labor market improving: 16% layoffs decrease and 24% increase in hires

  

  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.

• Monday, July 27th 2020 - 09:38 UTC

  In Argentina, 55% of all registered workers are employed by government

  

  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.

• Friday, July 24th 2020 - 08:39 UTC

  Filing for unemployment benefits in the US rose for the first time in four months

  

  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.