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labor market

Futures Bounce Back as Weekly Jobless Report Arrives

March 4, 2021 by Fourth Estate Wire

The weekly US jobless claims report is in as index futures bounce back before the morning open. Seasonally adjusted claims saw a slight increase for the week of February 27, …

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Foreign Workers Leaving UK at the Fastest Rate since WWII

March 1, 2021 by Fourth Estate Wire

Foreign workers in Britain are leaving the country at the fastest pace since World War 2 due to raging economy and COVID-19 pandemic, a recent study revealed. King’s College London …

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US Jobless Claims Increased Last Week

December 17, 2020 by Fourth Estate Wire

The number of Americans filing first-time for jobless benefits increased last week as a significant rise in new COVID-19 infections all across the country hobbled business operations.

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French Retail Giant Carrefour to Hire 15,000 Young Workers

December 8, 2020 by Fourth Estate Wire

Carrefour’s boss Alexandre Bompard said on Tuesday morning that the company is planning to hire 15,000 young workers in 2021 in France, with half the new recruits coming from the city’s underprivileged neighborhoods.

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US Employers Added Just 245,000 Jobs in November

December 4, 2020 by Fourth Estate Wire

US employers scaled back their hiring in November as the COVID-19 pandemic accelerated across the country, adding only 245,000 jobs, representing the fewest since April and the fifth straight monthly slowdown.

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More than 778,000 workers filed for unemployment

November 25, 2020 by Fourth Estate Wire

The number of Americans applying for unemployment benefits jumped last week to 778,000, as the spike in virus cases is intensifying pressure on companies and individuals, with fear growing that the economy could suffer a “double-dip” recession.

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