Category Archives: Labour
US jobless claims fall to 364,000, a new pandemic low
WASHINGTON (AP) — The number of Americans applying for unemployment aid fell again last week to the lowest level since the pandemic struck last year, further evidence that the job market and the broader economy are rebounding rapidly from the
UK urged to defer winding down of salary support program
LONDON (AP) — Business leaders and unions joined forces Thursday to urge the British government to maintain a salary subsidy program that is being wound down over the coming months — or else see unemployment rise sharply.
UK urged to defer winding down of salary support program
LONDON (AP) — Business leaders and unions joined forces Thursday to urge the British government to maintain a salary subsidy program that is being wound down over the coming months — or else see unemployment rise sharply.
Business Highlights: The scramble to hire, minimum tax
___ As US companies scramble to hire, workers enjoy upper hand
Economic aid could be extended beyond the fall if recovery falters, Freeland says
OTTAWA — The country's beleaguered workers and businesses should be able to stand on their own by the fall and no longer need a slew of financial supports come if the economic recovery moves along as expected, Finance Minister Chrystia
Iran oil workers strike for better wages as economy suffers
DUBAI, United Arab Emirates (AP) — Thousands of workers in Iran’s vast energy industry have gone on strike over the past week to press demands for better wages and conditions at oil facilities, Iranian media reported Wednesday. The widespread demonstra...
German unemployment drops as COVID infections decline
BERLIN (AP) — Germany's unemployment rate declined to 5.7% in June as Europe's biggest economy benefits from a sharp decline in coronavirus infections, official data showed Wednesday.
Stocks open mixed as market heads for a 5th quarterly gain
BANGKOK — Stocks are off to a mixed start on Wall Street as traders wait for the latest U.S. monthly jobs report due out Friday. The S&P 500 was little changed in the early going Wednesday. The benchmark index is
Roads, bridges, jobs: Biden selling big infrastructure deal
LA CROSSE, Wis. (AP) — President Joe Biden declared America urgently needs a “generational investment” in its infrastructure, as he looks to sell voters on the economic benefits of the $973 billion bipartisan package that still faces an uncertain futur...
Asian shares advance despite weaker factory data, outbreaks
BANGKOK (AP) — Shares were mostly higher in Asia on Wednesday despite new data showing factory activity slowed this month as virus outbreaks disrupted shipping at some Chinese ports.