Unemployment Claims Decline But Still Remain High
US unemployment claims cooled off again last week, but remain in the millions Full Article
Strange to See UK Unemployment Rate Fall, While Jobless Claims Surge in March
The UK unemployment rate ticked lower in March, while jobless claims jumped higher Full Article
The Aussie Jobless Rate Jumps to 6.2%
While markets were expecting a surge in the Aussie jobless rate to 8.4%, things are only slightly better with a jump to 6.2%. Full Article
Business Conditions Deteriorate Further in Australia During April: NAB Group
Outlook among Australian companies worsened in April as the government continued the shutdown to prevent the spread of the coronavirus Full Article
British Government to Extend its Job Retention Scheme?
The British government is expected to extend its job retention scheme at least until September, but with the offer of paying up to 60% of Full Article
Mnuchin Cautions About Rising Unemployment in the US
US Treasury Secretary Steven Mnuchin has warned that unemployment levels in the country are set to get even worse in the coming months Full Article
Unemployment Surges in Canada, US Will Probably Hold China Accountable for Coronavirus
The unemployment claims doubled in April in Canada to 2 million, from 1.million in March Full Article
USD Reverses Higher, With the Jobs Report Not As Horrible As Expected
US employment report was a bit better than expected, but things might be worse than they look Full Article
Unemployment Claims Cool Off, But Remain Above 3 Million
US unemployment claims softened last week, but they remained above 3 million, missing expectations Full Article
Surveys Indicate Signs of Strain Among UK Businesses
The latest survey by REC indicates that the job market in the UK went into an abrupt freeze mode during April as a result of the lockdown Full Article
Unemployment Can Be Much Higher Than Shown
US unemployment rate is expected to jump to 16%, but the actual rate might be higher than that Full Article
Job Uncertainty on the Rise Among Australians Due to Coronavirus Pandemic
Around 25% of Australians expect to suffer job losses over the coming year while household income has reduced by $102 billion as a result Full Article
Fed Officials Hopeful of Economic Recovery Starting in H2 2020, But at a Slow Pace
Fed officials appear cautiously optimistic that the economy could start moving towards recovery by H2 2020, even as the US remains one of Full Article
New Zealand’s Unemployment Rate Lower Than Expected in Q1 2020
The unemployment rate in New Zealand has shown a slight increase during Q1 2020, but the government has cautioned that it could worsen in Q2 Full Article
UK Government Has Spent Over £8bn on Job Retention Scheme: HMRC
Over 800,000 businesses in the UK have furloughed more than 6.3 million of their employees to avail of the government's job retention scheme Full Article
