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Tag: falls


UK employment falls by biggest amount in over a decade

2020-08-11 09:10:59| BBC News | Business | World Edition

Employment decreased by 220,000 between April and June, said the Office for National Statistics.

Tags over amount employment falls

 
UK employment falls and wages shrink as Covid-19 hits jobs market - business live

2020-08-11 08:56:02| Guardian Unlimited Business - more business news

Rolling coverage of the latest economic and financial news, as the number of UK workers on payrolls falls by 730,000 since MarchPayrolls declined again in JulyONS: Worst quarter since the financial crisisWages declined as bonuses cut back 7.56am BST BCC Head of Economics Suren Thiru fears that more workers will lose their jobs as the governments job retention scheme winds up in October: While the headline data continues to lag behind the reality on the ground, the decline in the number of employees on payrolls and hours worked is further evidence of the damage being done to the UK labour market by the Coronavirus pandemic. The furlough scheme has been successful in preserving millions of jobs. However, with firms continuing to face a perfect storm of increased costs, reduced demand, and diminished cash reserves, unemployment is likely to surge as the government support schemes wind down, unless action is taken. 7.46am BST These charts, from todays jobs report, show how the Covid-19 pandemic has hurt the UK labour market: Continue reading...

Tags business jobs live market

 
 
Business sentiment hits all-time low since 1991, index falls 40.1% over the last quarter of FY20

2020-08-07 15:53:13| The Economic Times

The think tanks Business Expectation Survey (BES), of which the BCI formed a part of, found substantial regional variations in business sentiment.

Tags index business low hits

 
Unemployment falls to 10.2% as US adds 1.8 million jobs, though hiring has slowed

2020-08-07 14:51:25| Chicago Tribune news - Business

The United States added 1.8 million jobs in July, a pullback from the gains of May and June and evidence that the resurgent coronavirus is stalling hiring and slowing an economic rebound.

Tags has jobs million falls

 
Surprise as UK house prices set record after four months of falls

2020-08-07 12:49:12| Guardian Unlimited Business - more business news

Survey reveals 1.6% monthly rise in July, raising average property value to 241,600House prices in Britain leaped to a new high in July, in a surprising spike after the market was put on pause earlier this year, according to Halifax.The bank said property values jumped by 1.6%, or 3,770, month-on-month on average in July, and across the UK the average property value was 241,604 in July, up from 237,834 in June. Continue reading...

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