Japan’s pandemic-hit economy is gradually recovering by an annualized growth of 12.7 percent in October-December, despite its record slump of 4.8 percent in 2020, based on the latest government data. The 4.8 percent contraction is the first since the 2009 …
The economy of United Kingdom falls 9.9 percent in 2020 due to the coronavirus pandemic effect, official figures showed on Friday. Finance Minister Rishi Sunak said in a statement that these figures was a “serious shock” to the economy of …
The weekly Department of Labor report shows 793,000 new unemployment claims as pandemic restrictions put pressure on the labor market. Claim projections from the prior week were adjusted, showing an unexpected rise versus projected unemployment data. Data shows that 20.4 …