Tag Archives: unemployment

Soroti, Uganda |  THE INDEPENDENT |  Presidential candidate John Katumba has promised to end unemployment among the youth across the country if voted in as the next president. Katumba who campaigned in Soroti City on Friday said that unemployment in Uganda is caused by nepotism, greed and dominance of foreign nationals …

Kampala, Uganda | THE INDEPENDENT | More Ugandans could drift into poverty unless government comes up with measures to cushion those that have been rendered jobless as a result of COVID-19 pandemic. As the world marks the International Day for the Eradication of Poverty, there are fears that poverty levels in …

New York, US | Xinhua | Asian American unemployment rates this year increased from 2.5 percent in February to 14.5 percent in April, and 15 percent in May, the greatest among all racial groups across the United States, said a recent survey. “The far-reaching economic impact of COVID-19 has been felt …

Washington, US | XINHUA | The U.S. economy saw the sharpest contraction in decades between April and June as the country grappled with the fallout of COVID-19 lockdowns, indicating the depth and severity of the pandemic-induced recession. The U.S. economy contracted at an annual rate of 32.9 percent in the …

Washington, US | XINHUA | The resurgence of COVID-19 cases across the United States is raising the risk of a double-dip recession if the country is unable to reign in the pandemic, economists have warned. A total of 34 U.S. states have seen increasing rates of COVID-19 infection since the Memorial …

Masaka, Uganda | THE INDEPENDENT | The Ministry of Agriculture, Animal Industry and Fisheries has undertaken initiatives to boost fish farming in Masaka sub-region, as one of the measures to address unemployment among youth and women. The Ministry’s Undersecretary Ronald Ssegawa Gyagenda says that their technical teams have identified two …

Washington, United States | AFP | The United States regained 2.5 million jobs in May and the unemployment rate dropped as coronavirus pandemic shutdowns began to ease, raising hopes the economy could recover from the crisis sooner than expected. The Labor Department report released Friday, which showed the jobless rate fall …

London, United Kingdom | AFP |  In billionaire-friendly Britain, where the global coronavirus outbreak has hit hard, the idea of making the wealthiest pay more tax to help economic recovery is gaining ground. Mass unemployment, bankruptcies and other potential shocks could hit the richest but supporters of tax reform say they …

Washington, United States | AFP |  Even as the world’s largest economy begins to reopen, the scale of the job losses in May will be devastating, and economists fear it will take many months to recover. More than 21 million jobs disappeared in March and April as the unemployment rate surged …

Washington, United States | AFP | In further signs of the crisis facing the world’s largest economy amid the coronavirus pandemic, new data Thursday showed US a record plunge in US exports as layoffs exceeded 42 million. The two key reports on economic health indicate that even as Wall Street regains …