Tag: Unemployment

• Thursday, April 30th 2020 - 07:28 UTC

  Fed admits public health situation will “weigh heavily on economic activity, jobs and inflation”

  

  The Federal Reserve on Wednesday left interest rates near zero and repeated a vow to do what it takes to shore up the U.S. economy amid an ongoing coronavirus pandemic that will not only “weigh heavily” on the near-term outlook but poses “considerable risks” for the medium term as well.

• Wednesday, April 22nd 2020 - 08:35 UTC

  Immigration green card seekers face 60 days suspension, “to protect US jobs”

  

  President Donald Trump said on Tuesday he was suspending immigration for green-card seekers for 60 days, arguing the controversial move would protect US jobs.

• Saturday, April 4th 2020 - 08:18 UTC

  Record unemployment filing in US in two weeks; “economy has slipped into recession”

  

  The number of Americans filing claims for unemployment benefits shot to a record high of more than 6 million last week as more jurisdictions enforced stay-at-home measures to curb the coronavirus pandemic, which economists say has pushed the economy into recession.

• Thursday, April 2nd 2020 - 07:50 UTC

  US unemployment claims expected at record high: 80% Americans under some form of lockdown

  

  The number of Americans filing claims for unemployment benefits likely shot to a record high for a second week in a row as more jurisdictions enforced stay-at-home measures to curb the coronavirus pandemic, which economists say has pushed the economy into recession.

• Tuesday, March 31st 2020 - 09:20 UTC

  Spain overtakes China in Coronavirus infections; business leaders warn of impact on jobs with the lockdown

  

  Spain overtook China in the number of those infected with coronavirus on Monday as the government tightened restrictions on a population entering its third week under one of the strictest lockdowns in Europe.

• Friday, March 27th 2020 - 09:08 UTC

  World leaders pledge US$ 5 trillion to address the global economic collapse

  

  World leaders on Thursday promised US$5 trillion to stave off global economic collapse from the coronavirus pandemic that has killed 21,000 people and shut down huge swathes of the globe.

• Thursday, March 19th 2020 - 08:23 UTC

  Mnuchin denies potential US unemployment of 20% but considers a US$ 2.000 stimulus check to every American

  

  Treasury Secretary Steven Mnuchin on Wednesday vowed that unemployment would not reach 20%, seeking to clarify comments he made a day earlier on a worst-case economic scenario resulting from the coronavirus pandemic.

• Saturday, February 1st 2020 - 08:43 UTC

  Chile unemployment rose to 7% in the last quarter of 2019

  

  Chile’s jobless rate rose to 7.0% during the October to December period, the government said on Friday, an early, but still tepid, sign of the potential impact of two months of unrest in late 2019.

• Saturday, December 28th 2019 - 09:48 UTC

  Argentina's unemployment in the third quarter rose to 9.7%

  

  Argentina’s unemployment rate rose to 9.7% in the third quarter versus 9.0% in the same period last year, marking one of the highest rates recorded in recent years, the official INDEC statistics agency said.

• Thursday, December 5th 2019 - 09:04 UTC

  With 3.6% jobless rate, Trump plans to cut food stamp program; “we need everyone who can work, to work”

  

  The Trump administration said on Wednesday it will make it harder for states to keep residents in the U.S. food stamp program in a move that is projected to end benefits for nearly 700,000 people.