US jobs figures ‘so bad they’re good’ as 140,000 lose roles amid Covid-19 surge January 8, 2021 Non-farm payrolls show US jobs declined in December as Covid-19 cases surged
Before the Bell: Equities and copper are on a roll January 8, 2021 Equity markets in Europe and the US enjoyed rallies yesterday as traders bought stocks on the back of the view that the future Biden administration will be keen to use stimulus packages to support the economy. In late December, lawmakers signed off on a $900bn relief package but in October, Nancy Pelosi, of the Democrats, [...]
Professional recruitment market ‘remains resilient’ despite vacancy fall December 14, 2020 Despite the looming uncertainly of Brexit and the disruption of a second national lockdown, the annual percentage drop in job hiring closed during November, suggesting the sector is fairing considerably well. According to data provided by growth analytics platform Cube19, in October, the year-on-year fall in professional job vacancies stood at -38 per cent for [...]
Matt Hancock defends ‘kind’ Priti Patel as Home Secretary comes under fire November 20, 2020 Matt Hancock defends 'kind' Priti Patel as Home Secretary comes under fire
US unemployment benefit numbers spike on fresh Covid-19 resurgence fears November 19, 2020 The number of Americans filing new claims for unemployment benefits unexpectedly rose last week as new business closures to control the spiraling Covid-19 infections unleashed a fresh wave of layoffs and further slowed the labor market recovery.
Employers have a crucial role to play in tackling domestic abuse October 2, 2020 Domestic abuse has been referred to as a “shadow pandemic” by the UN, with the number of cases increasing significantly across the world throughout lockdown. For many people suffering abuse, the respite of the weekday commute and being able to go to office were lost overnight. Recognising the signs of abuse and having the confidence [...]
Rishi Sunak’s Kickstart scheme can help blunt the impending youth unemployment crisis September 18, 2020 This week’s unemployment figures from the Office for National Statistics paint a gloomy picture for Britain’s young people. In the UK those aged 16 to 24 have been hit hardest by job losses since the economy locked down. There were 156,000 fewer young people in employment in the three months to July when compared with [...]
US private payroll growth falls short in setback for Covid-19 recovery September 2, 2020 US private payrolls increased less than expected in August, marking a major setback in the country’s economy from the coronavirus crisis. Private payrolls rose by just 428,000 jobs last month, according to new figures from the ADP National Employment report. This was well behind the 950,000 increase forecast by economists polled by Reuters. The report, [...]
Misnomers, uncertainty, and a need for compassion – how to get the UK’s future immigration system on the right path August 18, 2020 Priti Patel’s latest statement on immigration post Brexit quietly came and went last month. While it did not give anything new away, it was what was missing that was most interesting. The paper set out how the immigration system will work after Brexit, and it should do a decent job for larger businesses. The skilled [...]
DEBATE: Should government pay wages to workers affected by coronavirus? March 23, 2020 Should the government pay wages to workers whose incomes have been affected by the coronavirus crisis? YES – Sam Bowman, director of competition policy at the International Centre for Law & Economics. This is a very unusual recession. It is self-inflicted, and will hit highly productive and less productive businesses alike. To allow them to [...]