Tag: Unemployment

Increased number of Americans File for Unemployment Claims

The number of Americans who filed unemployment claims for the first time increased last week by 37,000 to 412,000, the Department of Labor reported on Thursday.

Nestle closing UK’s Fawdon site putting 600 jobs at risk

It is shutting a factory in Fawdon in the north east of England and shifting production to two other factories in York and Halifax, where it has invested 29.4 million pounds ($40.8 million). These two factories manufacture some of the chocolate maker’s biggest brands and York is also the base for Nestle Confectionery’s global R&D center. The site in Fawdon will close by 2023.

7.2% of Londoners are out of work

London has become the unemployment capital of the UK as the pandemic continues to take its toll on workers and businesses in the city. This high rate is mostly due to the fact that 92.2% of Londoners work in service based jobs such as retail and hospitality

Surprise fall in UK unemployment numbers under furlough scheme

Economists polled by Reuters had expected the unemployment levels would increase to 5.1% from 5.0% in the December to February period. The small increase was expected due to the government's huge jobs...

Unemployment in London set to be 1 in 10 by the end of the year

Unemployment in London set to be 1 in 10 by the end of 2020 as Covid 19 Pandemic continues to wreak havoc on the economy

Unemployment in the UK hits an all-time high at 5%

“418,000 people have fallen out of work since the start of the coronavirus pandemic, taking the total number of unemployed people to 1.72m.”

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G7 to commit $15 billion to boost girls’ education and women’s employment

When G7 Foreign and Development Ministers meet in London this week they will discuss investing $15 billion in developing countries in the next two years. This development fund will help women access jobs and build resilient businesses to combat the devastating economic impacts of COVID-19.

Kate Winslet talks about returning to delicatessen job after first Hollywood acting role

Kate Winslet has revealed she headed straight to her job at a delicatessen in her home town Reading after she finished filming her first movie.

Part III – How to buy into bitcoin

If you are new to bitcoin and blockchain technology, I urge you to research as much as you can: read about it, listen to...