After months of lockdown, the UK economy has reopened and the locals are hoping that the British government will be able to bring the country out of the stagnancy and the downward spiral of the economy.

Take-away and 'job retention scheme' to save the UK economy

Industries hit hard by the coronavirus pandemic showed signs of life in June, hiring 2.4 million workers, payroll services firm ADP said Wednesday. The three million hires in May means that more than five million people are back at work of the 20 million who lost their jobs in March and April.

US private hiring rebounds, adding 2.4 mn jobs in June

Saudi Aramco has started laying off hundreds of employees this month due to slump in oil and gas demand globally.

WION Dispatch: Saudi Aramco cuts hundreds of jobs

Unemployment is soaring as the world's billionaires keep getting richer. Each day, we are waking up to the news of layoffs. Half the global workforce is slipping into the crevasse of joblessness.

Gravitas: Unemployment | Biggest casualty of the pandemic

The US unemployment rate likely shot up to almost 20% in May, a new post World War Two record, with millions more losing their jobs, exposing the horrific human toll from the COVID-19 crisis.

COVID 19: US unemployment rate shot up by 20% in May as layoffs continue

Renault acknowledged that its global ambitions had been unrealistic, announcing plans to cut about 15,000 jobs, shrink production and restructure French plants as it pressed the reset button and sought to banish the spectre of Carlos Ghosn.

Renault to lay-off 15,000 people globally | COVID-19 crisis

As the novel coronavirus pandemic hit the world, a worldwide lockdown was initiated by majority of the affected 120 countries. Although this lockdown, till certain limit, helped contain the spread of coronavirus, it had an adverse effect on the economies of the infected countries.

Almost 49 million people worldwide to end in extreme poverty; 12 million Indians affected

China says its unemployment rate in urban areas stands at 6%. But, the ground realities tell a different tale. Can China's numbers on unemployment be trusted? WION's Executive Editor Palki Sharma Upadhyay tells you more.

Gravitas: China's biggest challenge: Unemployment

Japan is officially in recession. Is the pandemic entirely to blame? Perhaps. But, the Japanese economy has been stagnant for decades. Also read: President Xi in spotlight as China's annual party meet begins Japan, which is considered a technological and manufacturing giant could not make enough ventilators on time.

Japan's stagnant economy: Who's to blame?

When it had the chance China moved quickly to reopen Wuhan. A grand celebration was organised to signal normalcy. But, the situation got worst. Thousands of Chinese workers have lost their jobs.

Is unemployment new 'epidemic' spreading across China?

CPI-M General Secretary Sitaram Yechury has targeted the Central government over its handling of COVID-19 lockdown in the country and demanded that the government transfer Rs 7,500 per month, for the next three months, to the accounts of people who lost their livelihood due to the crisis.

Govt should provide Rs 7,500 per month for three months to those who lost livelihood in lockdown: Sitaram Yechury

The pan-India lockdown imposed due to the spurt in confirmed cases of coronavirus in the country may have induced further lowering of the employment rate. According to estimates put out by the Centre for Monitoring Indian Economy (CMIE), the overall unemployment rate hit over 23 per cent in the last week of March 2020.

Amid coronavirus lockdown, unemployment rate soars over 23% in last week of March

Europe could be staring at a major economic crisis. According to a report, the Coronavirus outbreak could lead to a decade of stagnation for Europe. WION's Executive Editor Palki Sharma Upadhyay has more.

Gravitas: Wuhan Coronavirus: Europe's economy struggles

The United States has the maximum number of coronavirus cases now. American agencies are now reporting that more than three million people have filed for unemployment insurance. WION's Executive Editor Palki Sharma Upadhyay tells you how the US is struggling due to the outbreak.

Gravitas: Wuhan Coronavirus: Millions lose their jobs in the US

The Labor Department reported Thursday that Americans are filing for unemployment benefits, the number surged to 3.3 million last week, which happens to be the highest number ever recorded.

Coronavirus Outbreak: 3.3 mn Americans file for unemployment | WION News

India’s unemployment rate rises to 7.78 per cent in February, the highest in 4 months. Data released by the centre for monitoring Indian economy or Centre for Monitoring Indian Economy (CMIE) reveals India's economy expanded at its slowest pace in more than six years in the last three months of 2019.

Bad time to be a job seeker in India, unemployment rate highest in 4 months

As part of the British government's post-Brexit reformation, low-skilled workers in the country will no longer be able to obtain visas. The most interesting tenet, perhaps, of this provision is the curator.

Second generation immigrant Priti Patel introduces UK's anti-immigration visa guidelines

A United Nations report today revealed that half a billion people around the world are unable to find reasonably paid work, leading to poverty and increasing the class disparity, The Guardian reported.

More than 473 million people can't find reasonably paying work: United Nations report

Canada lost 71,000 jobs in November, pushing its unemployment rate up to 5.9 percent -- its highest level in more than a year, according to government data released Friday.

Canada sheds 71,000 jobs in November

US job creation soared last month as hospitals, hotels and schools raced to add new workers, wiping away fears that November would be a lackluster month, according to a key government report Friday.

US adds 266,000 jobs in November, unemployment falls to 3.5%

Almost half of all Europeans fear climate change more than losing a job or of a terrorist attack, a study by the European Investment Bank (EIB) showed on Thursday as EU lawmakers declared a “climate emergency”.

Climate change scares Europeans more than terrorism, unemployment or migration

The United States labour market took a punch in October from an extended strike at General Motors but the economy continued to add jobs at a solid pace, according to official data released Friday.

United States adds 128,000 jobs in October, jobless rate rises to 3.6% amid General Motors strike

Britain's jobs boom has weakened in the approach to Brexit with the number of people in work unexpectedly falling by the most in over four years and unemployment rising, official data showed on Tuesday.

United Kingdom hiring falls by most in over four years as Brexit nears

GDP growth fell to 5.8% in March quatrer. Annual GDP growth has dropped to 6.8% from 7.2%. Experts said that consumption rates has slowed down in India. Watch this video to know more.

India Watch: Unemployment At A 45-Year High

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