Tag: time

Coronavirus: Neets facing a ‘ticking time bomb’, says Colleges Wales

Image caption Caitlyn Morgan has been struggling to find a job since the Covid lockdown Wales faces a “ticking time bomb” over the number of young people not in education, employment or training (Neet), according to Colleges Wales. There are fears the Covid pandemic and recession will damage the prospects of a generation. The number of Neets has increased in… Read more →

US jobless claims below 1m for first time since March

Image copyright Getty Images Image caption More than 28 million Americans remain on unemployment The number of Americans filing new claims for unemployment has dipped below 1 million for the first time since March. About 963,000 people sought the benefits last week, down from nearly 1.2 million the week before, the Labor Department said. The figures have been subsiding since… Read more →

UK officially in recession for first time in 11 years

Image copyright TOLGA AKMEN The UK economy suffered its biggest slump on record between April and June as coronavirus lockdown measures pushed the country officially into recession. The economy shrank 20.4% compared with the first three months of the year. Household spending plunged as shops were ordered to close, while factory and construction output also fell. This pushed the UK… Read more →

Coronavirus: Lost school time ‘will hurt economy for 65 years’ – study

Image copyright Getty Images Image caption The disruption to schools could cause economic harm for decades, say researchers The school time lost because of the pandemic could harm the UK economy for the next 65 years, research published by the Royal Society suggests. The study says the disruption to lessons will have a negative impact on the future skills of… Read more →