Strategy

This chart shows which industries are bouncing back as the pandemic continues

Business Insider looked at the job losses and gains from February to September among industries. Industries with the biggest drops in employment from February to September tended to pay lower wages, while high-wage industries were close to their pre-pandemic employment levels. This change in employment is similar to changes between […]
This chart shows which industries are bouncing back as the pandemic continues
News

While Congress haggles over the next round of coronavirus aid, Americans who have buried loved ones and lost their jobs face a future shrouded in fear and uncertainty

The coronavirus has not only infected almost 4.5 million Americans, but also triggered a historic economic recession and unprecedented job losses. Congress signed the $US2 trillion CARES Act in March to soften the blow for businesses and individuals and is now haggling over the next relief package. People told Business […]
While Congress haggles over the next round of coronavirus aid, Americans who have buried loved ones and lost their jobs face a future shrouded in fear and uncertainty
News

Victoria has lost 7.3% of all jobs in the state since the middle of March

Victoria has experienced the most job losses in Australia, according to new figures from the Australian Bureau of Statistics. The ABS found payroll jobs fell 7.3% in Victoria, followed by a 6.8% decline in Tasmania. Overall, the ABS revealed a 1.1% drop in the number of jobs in Australia between […]
Victoria has lost 7.3% of all jobs in the state since the middle of March
Markets

Up to 6 million white-collar workers could lose their jobs in another wave of cuts as coronavirus fallout spreads to other parts of the economy

Around six million white-collar workers could lose their jobs as the pandemic continues ravaging the economy, according to a Bloomberg estimate. Up to now, the outbreak has disproportionately fallen on low-paid workers in retail, restaurants, and hotels. A second wave of losses appears likely even as states start reopening their […]
Up to 6 million white-collar workers could lose their jobs in another wave of cuts as coronavirus fallout spreads to other parts of the economy