Employment / Unemployment

U.S. coronavirus deaths rise by nearly 1,300 for first time since May

U.S. coronavirus deaths rise by nearly 1,300 for first time since May

Published 29/07/2020

(Reuters) - U.S. deaths from the novel coronavirus rose by nearly 1,300 on Tuesday, the biggest one-day increase since May, according to a Reuters tally. [more…]

Explainer: What’s at stake in the battle over U.S. unemployment benefits in Congress?

Explainer: What’s at stake in the battle over U.S. unemployment benefits in Congress?

Published 27/07/2020

WASHINGTON (Reuters) - Enhanced unemployment benefits that the U.S. Congress authorized early in the coronavirus pandemic are due to expire at the end of July [more…]

Trump team, Senate Republicans agree on coronavirus aid offer to Democrats

Trump team, Senate Republicans agree on coronavirus aid offer to Democrats

Published 27/07/2020

WASHINGTON (Reuters) - Top aides to U.S. President Donald Trump said on Sunday they agreed in principle with Senate Republicans on a $1 trillion coronavirus [more…]

UK’s Sunak plans tax cuts to boost COVID recovery, The Times reports

UK’s Sunak plans tax cuts to boost COVID recovery, The Times reports

Published 06/07/2020

LONDON (Reuters) - British finance minister Rishi Sunak will try to restart the country’s economy by giving homebuyers a tax break and cutting value-added tax [more…]

Aussie dollar falls amid feud with China, traders cash in gains

Aussie dollar falls amid feud with China, traders cash in gains

Published 09/06/2020

LONDON (Reuters) - The Australian dollar fell nearly 2% on Tuesday after China’s education ministry warned students to carefully consider studying there amid tension between [more…]

Household spending plunge pulls down euro zone GDP in first quarter

Household spending plunge pulls down euro zone GDP in first quarter

Published 09/06/2020

BRUSSELS (Reuters) - A plunge in household spending and investment pulled down euro zone gross domestic product in the first quarter as the COVID-19 pandemic [more…]

China’s delayed parliament to focus on reviving virus-hit economy

China’s delayed parliament to focus on reviving virus-hit economy

Published 19/05/2020

BEIJING (Reuters) - After a 78-day delay, China’s parliament begins its annual session this week and is expected to unveil stimulus measures to spur an [more…]

China expected to keep lending benchmark unchanged: analysts

China expected to keep lending benchmark unchanged: analysts

Published 19/05/2020

SHANGHAI (Reuters) - China is expected to stand pat on its benchmark lending rate on Wednesday, after the central bank kept medium-term funding cost for [more…]

UK GDP shrinks by record 5.8% in March, harder COVID hit ahead

UK GDP shrinks by record 5.8% in March, harder COVID hit ahead

Published 13/05/2020

LONDON (Reuters) - Britain’s economy shrank by a record 5.8% in March as the coronavirus crisis escalated and the government shut down much of the [more…]

UK should extend part of furlough scheme to end of year: think tank

UK should extend part of furlough scheme to end of year: think tank

Published 12/05/2020

LONDON (Reuters) - Britain’s government should extend a costly job support programme until the end of the year for retail and hospitality workers hit hardest [more…]