The recovery of the economy is shown unevenly in Latin America and the Caribbean, who are trying to get out of the COVID-19 crisis with a weakened economy, lower incomes in nearly half of households and twice as food insecure, according to a survey published this Monday, November 29 by the World Bank and the […]
Tag: unemployment
What are leading indicators (and what do they predict will happen to the economy)
Clues about the future. That is what leading indicators of the economy offer. They are vital because they allow governments, companies and even families to foresee what is going to happen and act accordingly, according to the BBC. An example: Until recently, a bottleneck in shipping has been indicating how the economy was reviving after […]
Coronavirus pandemic caused more than 1,500,000 people to lose their jobs
The coronavirus pandemic caused more than 1,500,000 people to lose their jobs in 2020, said Diego Macera Poli, director of the BCRP during his presentation on the world economic outlook during the inauguration of the 32nd Northern Business Meeting. “This means a 13% loss of formal and informal work compared to 2019. In formal work […]
A new stoppage: farmers on strike on November 22 and 23
The workers of the National Union of Workers of the Ministry of Agriculture (Sinatrama) announced the start of a 48-hour strike on Monday, November 22 and Tuesday, November 23, after considering non-compliance with a series of lawsuits filed with the Ministry of Agrarian Development and Irrigation (Midagri). According to the Secretary General of Sinatrama, Samuel […]
Unemployment in the United States fell to 4.6% in October, the lowest since the start of the pandemic
According to the Bureau of Labor Statistics (BLS), the index of unemployment In the United States, it decreased by two tenths and reached 4.6% in October, the lowest level since the COVID-19 pandemic affected the labor market in March 2020. This is, for specialists, a sign of economic improvement in the country. Thus, the US […]
Antamina suspends operations due to strike in mining corridor
The mining company Antamina announced the suspension of its operations, in the midst of the indefinite strike that a group of the peasant community of Aquia abide by, a district located in the province of Bolognesi, in Áncash, which has implied that one of the routes of the mining corridor is taken. In a statement […]
The pandemic will destroy 125 million jobs in 2021, according to ILO report
The recovery of the global labor market has a difficult scenario due to the continuity of a pandemic that has left millions of jobs lost. The pond in the workplace in 2021 has reflected the great disparity between advanced and developing countries due to factors such as unequal vaccination, warns the International Labor Organization (ILO) […]
ILO: global labor market recovery stalls and highly uneven
The recovery of the global labor market, which lost millions of jobs in the COVID-19 coronavirus pandemic, has stalled in 2021 and reflects great disparity between advanced and developing countries due to factors such as unequal vaccination, warned the International Organization of the Labor (ILO). In his new report on the effects of COVID-19 In […]
OECD report: 22 million more unemployed due to corona pandemic
The coronavirus pandemic has worse consequences for the labor market than the 2008 financial crisis. Women, young people and low-wage earners are hardest hit. This emerges from the OECD report on labor markets, which has now been published in Paris. 22 million fewer jobs In the 38 OECD countries, the 2020 corona crisis cost 22 […]