Tag: unemployment

NET25’s new show “Unlad: Kaagapay sa Hanapbuhay” gives hope in overcoming poverty

(Eagle News) — In this pilot episode of NET 25’s newest show, “UNLAD: Kaagapay sa Hanapbuhay,” the problem of poverty affecting people worldwide is tackled and just how people can be helped by giving them hope that there is still a solution to their problem. Amid the COVID-19 pandemic, unemployment have surged not just in the Philippines, but all over the world. The program, hosted by actor Robin Padilla, shows that people should not lose […]

New US jobless claims rise to 1.42 million amid COVID-19 surge

WASHINGTON, United States (AFP) — Claims for government benefits by newly unemployed American workers rose to 1.42 million last week, the Labor Department said Thursday, reversing weeks of declines as coronavirus cases skyrocket nationwide. The increase defied analysts’ expectations of another weekly decrease in new claims, which spiked in March as US businesses shut down to stop the spread of coronavirus put have been dropping since. Adding to the toll were the 974,999 people in […]

Jobless and desperate: the post-lockdown reality for many

  by Deborah Claude and Marie-Pierre Ferey in Paris Agence France Presse Many workers’ lives have been abruptly upended by the coronavirus pandemic, as job losses in tourism, air travel, food and drink or other industries hit those both on fixed contracts and in the informal sector. From employees making a comfortable living, to others just scraping by, people around the world are confronting anxiety over how to feed their families and shame at being […]

France uncovers ‘massive fraud’ of coronavirus wage payouts

  PARIS, France (AFP) — The Paris prosecutor’s office said Friday that it was investigating “massive fraud” across France by people falsely claiming temporary wage assistance for employees laid off during the coronavirus lockdown. As the crisis hit, the government quickly introduced a system to pay around 84 percent of net salary for people no longer able to work. Thousands of firms applied for the payments, allowing millions of people to avoid a sudden drop […]

US to get latest unemployment figures as virus explodes

by Chris Stein WASHINGTON, United States (AFP) — The ailing US economy is likely to receive good news Thursday in the government’s June employment report, but surging virus cases could reverse the tentative recovery. The coronavirus pandemic since mid-March has cost more than 22 million US jobs — and as many as 45 million — as businesses were closed to prevent the spread of COVID-19 infections. But amid massive government support the economy regained 2.5 […]

Japan jobless rate up, available jobs in worst plunge since 1974

TOKYO, Japan (AFP) — Japan’s unemployment rate rose to 2.9 percent in May, official data showed Tuesday, the third consecutive monthly rise as the coronavirus pandemic takes its toll on the world’s number-three economy. The 0.3-percentage-point rise from April suggests Japan’s first recession since 2015 is beginning to have an impact on the labour market. Another closely watched indicator showed there were 120 jobs available for every 100 jobseekers, compared to 132 jobs in April […]

US jobless claims top 47.2 million with 1.48 million new filings

WASHINGTON, United States (AFP) — Another 1.48 million Americans filed new claims for unemployment benefits last week, the Labor Department said Thursday, a worse-than-expected figure that showed the continuing potency of the coronavirus pandemic. The new claims were a decrease of only 60,000 from the week prior and brought the total since the business shutdowns began in mid-March to more than 47.2 million. Adding to the toll was the 728,120 people applying for benefits last […]

UK jobless claims near three million on coronavirus

LONDON, United Kingdom (AFP) — UK jobless claims more than doubled at the height of Britain’s coronavirus outbreak, official data showed Tuesday. Claims surged 126 percent to 2.8 million people in the three months to May, coinciding with a strict nationwide lockdown that shut shops and businesses, Office for National Statistics figures revealed. Claims surged almost a quarter in May from April, the ONS added, while job vacancies tumbled to a record low as economic […]

Bello says at least 69,000 Filipinos lost their jobs due to COVID-19 pandemic

(Eagle News) — Labor Secretary Silvestre Bello III said that there were over 69,000 Filipinos who lost their jobs during the COVID-29 pandemic. These Filipinos were employed by at lease 2,068 firms which were affected by the virus crisis, the chief of the Department of Labor and Employment said, Bello made this statement during a Laging Handa press briefing on June 10, to make the clarification on the number of 17.3 million unemployed Filipinos given […]

House approves P1.5-trillion unemployment reduction economic stimulus bill

(Eagle News) — The House of Representatives has approved on third and final reading the P1.5-trillion  COVID-19 Unemployment Reduction Economic Stimulus (CURES) bill. With 210 affirmative votes, seven negative votes, and no abstention, the House gave the green light to House Bill 6920 that aims to fund infrastructure projects prioritizing five sectors: health, education, agriculture, local roads and livelihood. The five sectors are deemed the most affected by the COVID-19 crisis. Under the measure, if […]

PSA reports 17.7% unemployment rate in April; DOLE expresses hope labor market will recover

(Eagle News) — The Department of Labor and Employment on Friday, June 5, expressed hope the country’s labor force would recover with the resumption of economic activities amid the COVID-19 pandemic. Labor Secretary Silvestre Bello III made the statement after a survey by the Philippine Statistics Authority found the country’s unemployment rate rose to a record-high 17.7 percent in April, equivalent to 7.3 million unemployed Filipinos. “As the economy opens gradually, we are hopeful that […]

New US jobless claims at 2.12 million as layoffs pass 40 mn

WASHINGTON, United States (AFP) — Another 2.12 million people filed for unemployment in the United States last week, pushing total layoffs since the start of the coronavirus crisis to more than 40 million, a level not seen since the Great Depression, the Labor Department said. The new filings, however, showed that the pace of the layoffs was subsiding as the US economy slowly begins to reopen. © Agence France-Presse