Tue, 21-Oct-2025

Unemployment rate jumps to 4.5 percent in three months

Unemployment

The jobless rate in the United Kingdom has jumped to 4.5 percent in three months even before the end of the government’s broad coronavirus job protection plan. According to the details, the economist had projected a 4.3 percent rise jobless rate, however, the data showed a more grim situation in the UK. The rate was … Read more

Which European Companies are slashing jobs due to Coronavirus?

Coronavirus

Since the outbreak of the novel coronavirus, the world economy has witnessed a huge down curve, resulting in massive job cuts. According to data, about 397,000 people in the European Union lost their jobs in April. The jobless rate rose to 6.6% in April, from a 12-year low of 6.4% in June. Read on below … Read more

Coronavirus Pandemic has put 4,400 jobs at risk in UK

Coronavirus Pandemic

The coronavirus pandemic has led to another 4,400 jobs at risk as two popular UK high street staples struggle with the lockdown. In the last 24 hours, rent-to-own high street giant BrightHouse and Italian restaurant chain Carluccio’s are said to be close to collapse. According to the BBC, Bright House, which has 200,000 customers and … Read more