Job creation and losses
‘Years not months’ for labour market to recover – IES
The Institute for Employment Studies (IES) has said it expects it will take years rather than months for the labour...
Furlough scheme could cost up to £40 billion
The Coronavirus Job Retention Scheme will cost an estimated £30bn to £40bn over the three months it is set to...
Recruitment falls at fastest rate since 2009
Covid-19 has hit recruitment activity hard as permanent and temporary placements both fell at the steepest rates since 2009 with...
Job postings fall by two thirds in some sectors
Employee reviews reveal that most workers are unhappy with their employer's response to the coronavirus crisis.
Businesses appoint administrators as virus closures hit high streets
Thousands of jobs at risk as two restaurant chains and a household goods supplier enter administration.
Airline crew asked to join NHS Nightingale Hospitals initiative
Thousands of EasyJet and Virgin employees have been asked to work at the temporary NHS hospitals.
Self-employed eligible for 80% of monthly pay
Chancellor Rishi Sunak has now unveiled measures to support self-employed workers who have been hit financially by the coronavirus.
Freelance...
US unemployment claims leap three million in a week
The US Department of Labor has announced that new unemployment insurance claims leapt by more than three million last week...
Government urged to take equity stake in airlines to protect jobs
EasyJet's £174m dividend payout attracts criticism while negotiations aimed at rescuing the coronavirus-hit aviation sector continue.
Supermarkets create 30,000 jobs to meet surging demand
Supermarkets including Tesco, Morrisons, Aldi and Asda have embarked on a hiring spree in order to meet high demand.
As...
Guarantee or subsidise wages, urges Starmer
Labour leadership candidate Keir Starmer has called for a national income guarantee scheme to limit the economic impact of the...
Government pledges £350bn cash injection for employers
The government announced a £350bn package of financial measures yesterday (17 March) to protect employers from the impact of the...
CBI: ‘Hundreds of thousands’ of jobs will be lost
Business group the CBI has told MPs that “hundreds of thousands” of jobs could be at risk due to the...
Almost 3,000 Carphone Warehouse jobs to be lost
All 531 stand-alone Carphone Warehouse stores in the UK are to close in April, with the loss of 2,900 jobs....
British Airways warns of sweeping job cuts in response to coronavirus
Airlines scramble for immediate cost cuts as Covid-19 and travel bans hit aviation sector.
