Unemployment continues to be on an upward trend in Uruguay, according to data released Friday by the National Institute of Statistics (INE).
The percentage of Brazilian indebted families reached 72,9% in August, considered a new record and a direct consequence of the economic hardships because of the pandemic, unemployment and inflation, according to a release from the National Confederation of Retail, Services and Tourism, CNC.
Uruguay's unemployment rate rose from 9.7% in April to 10.2% at the end of May, which marked a return of the index to double-digit figures, according to a monthly report released Tuesday by the National Institute of Statistics (INE).
The International Labor Organization (ILO) Friday issued a report according to which 28 million Latin Americans are in a situation of working poverty due to the pandemic, for an overall unemployment rate of 11.1% in the region for the year 2021.
Global job growth will not recover to pre-pandemic levels until 2023 according to a report published by the UN's International Labor Organization (ILO) on Wednesday. The World Economic and Social Outlook report for 2021 projects that at least 220 million people were expected to be left unemployed this year, with only a slight improvement predicted for next year.
Colombia's National Unemployment Committee, an opposition group which brings together some 40 organizations, Wednesday staged another row of demonstrations nationwide against policies carried out by President Iván Duque, who insisted on regarding these actions as extreme vandalism and urban terrorism
Uruguay's labour market showed some recovery Thursday as unemployment in March fell to 9.7% from February's 11.1%, according to a report released by the National Institute of Statistics (INE).
Venezuela easily held to the dubious honour of being at the top of the list of the 2020 Global Economic Misery Index, while Argentina was merely seven notches behind.
The United Kingdom is set to spend billions of pounds in extra support for the economy over the next four months, as pandemic curbs pushed unemployment to its highest level of almost five years. The chancellor of the exchequer Rishi Sunak will set out the details in his Mar 3 budget.
The United States grew at a 4% annual rate in the final three months of 2020 and shrank last year by the largest amount in 74 years. The coronavirus inflicted the worst economic freeze since the end of World War II, the economy contracted 3.5% and clouded the outlook for this year.