Canadian employment rose by a record-setting 953,000 people in June as COVID-19 lockdown restrictions eased across the country. Combined with May’s gain of nearly 290,000 workers, the labour market has recovered about 40 per cent of the three million jobs that were lost during the pandemic, Statistics Canada said Friday. The unemployment rate fell to…
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Covid-19: As economy restarts, the future is unclear
Remember in the past, how you would turn the oil heating system off for the summer months and then when you turned it back on, it did not work? So you needed a visit from a heating engineer for help? It's easy to switch things off but often much harder to turn them back on…
Read More »Aussie economy and miners to profit from Brazil’s COVID-19 outbreak
The Australian economy and its largest iron ore miners — BHP, Rio Tinto and Fortescue Metals — are set to benefit from Brazil's misfortune once again.Key points:Vale is one of the world's biggest iron ore minersA judge ordered Vale to close three of its mines after a COVID-19 outbreakReduced iron ore supply will benefit Australian miners, despite…
Read More »Need to give importance to economy and also battle Covid-19: PM Modi to CMs
NEW DELHI: As India enters final week of the lockdown, Prime Minister Narendra Modi on Monday conveyed to chief ministers that the country will have to give importance to the economy as well as to continue the fight against coronavirus. In a video conference with the chief ministers, fourth such interaction since March 22 when…
Read More »Rebuilding economy is main focus of FG-FF document
Updated / Sunday, 12 Apr 2020 20:59 Leinster House - parties say framework will focus on economic recovery pic: Sam Boal/Rollingnews.ie Rebuilding the economy in the aftermath of the Covid-19 crisis will be the main focus of a framework for government document which is expected to be signed off by Fianna Fáil and Fine Gael negotiating…
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