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  • UK unemployment up to 4.4% in November
    The unemployment rate in the United Kingdom rose to 4.4% in the three months to November, data released by the Office for National Statistics (ONS) showed on Tuesday. The reading came above analysts' estimates and was up from the previous quarter.The employment rate was estimated at...
  • China said to hold meeting on economic woes
    The Chinese authorities are seeking to host a meeting with the representatives of major international economy-focused organizations to discuss its progress and the situation around the globe, the South China Morning Post (SCMP) reported on Wednesday.According to people familiar with the...
  • UK unemployment rate at 4% in August
    The Office for National Statistics (ONS) revealed in a report published on Tuesday that the unemployment rate in the United Kingdom was estimated at 4% in the three months to August, slightly lower than in the previous quarter and the same quarter a year ago.Employment growth significantly...
  • UK unemployment at 4.3% in July
    The unemployment rate in the United Kingdom came in at 4.3% in the three months ending July, an increase of 0.5 percentage points compared to the statistics published in June, the Office for National Statistics revealed in its report published on Tuesday. On an annual level, the figure went up by 0.7...
  • UK unemployment rate at 3.8% in April
    The unemployment rate in the United Kingdom went up by 0.1 percentage point in the trimester to April compared to the previous quarter to land at 3.8%, marginally lower than market expectations, the Office for National Statistics reported on Tuesday. The employment rate rose by 0.2 percentage...
  • ILO: Global unemployment expected to remain the same until 2023
    The International Labor Organization (ILO) released on Monday its World Employment and Social Outlook Trends 2022 report, predicting that global unemployment will stay above pre-pandemic levels. According to the report published on its official website, although the figures are an improvement...
  • ILO: Most COVID-19 job losses will be in Americas
    The International Labour Organization (ILO) predicted on Wednesday that the COVID-19 pandemic will have the strongest impact on job losses in the Americas. The international organization warned also that young people have been most hit by unemployment as one in six stopped working because...
  • ILO sees global job loss 'much bigger' than 25M
    Job loss due to the coronavirus pandemic and the downturn that ensued is now expected to be much more severe that initially estimated, the International Labour Organization's (ILO) director of employment policy, Sangheon Lee, told Reuters on Thursday. Last week, the ILO warned that...
  • ILO warns COVID-19 can result in 25M job losses
    As many as 25 million people in the world can lose their jobs as a result of the coronavirus crisis, the International Labour Organization (ILO) said on Wednesday. The United Nations agency added that in a best case scenario some 5.3 million would lose their jobs, while the figure could rise to 24.7...
  • UN: Trade tariffs could cause 'snowball effect'
    Director-General of the International Labour Organization (ILO), Guy Ryder on Tuesday said trade tariffs between the United States and Europe could cause a "snowball effect." As per his words, the world could come to "very precarious waters" in case people fail to recognize gains that could arise...
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