A protester at the picket line wears a written helmet without layoffs during a demonstration in Spain. SOPA Images The unemployment rate in the euro zone reached 7.4% in May, as the region is dealing with the Covid-19 economic shock. It comes after several European economies took their first steps …
Read More »A projected increase in U.S. job growth for June may not last
WASHINGTON (AP) – American employers likely re-hired several million more workers in June, thus reducing the unemployment rate to the depression level, but the most up-to-date data suggests that a resurgent coronavirus will limit more earnings. Economists have forecast that businesses, governments and nonprofits added 3 million jobs, a record, …
Read More »This is what unemployment benefits will pay without an additional $ 600 per week
Hundreds of unemployed Kentucky residents wait in long lines outside the Kentucky Career Center for help with their unemployment claims on June 19, 2020 in Frankfort, Kentucky. John Sommers II / Getty Images The financial aid that unemployed workers have been receiving to shore up household income during the coronavirus …
Read More »Coronavirus is expected to cost 400 million jobs in the second quarter
The coronavirus pandemic is expected to have resulted in a 14% drop in global working hours in the second quarter of 2020, the International Labor Organization said. The United Nations labor agency said this updated drop in hours of work was the equivalent of 400 million full-time job losses worldwide …
Read More »How to deal with financial stress and anxiety during difficult times
Protesters donned masks during a demonstration to show solidarity with the Black Lives Matter movement. China News Service There is no doubt that Americans feel stressed and anxious these days. Money worries hit hard when the coronavirus pandemic disrupted the economy. There are also fears about the virus itself, as …
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