2021-02-23 08:58:21| Guardian Unlimited Business - more business news
Rolling coverage of the latest economic and financial newsUK jobless rate highest in almost five yearsUnemployment rate hit 5.1% in October-DecemberBut payrolls have risen in last two months, after tumbling in pandemicONS: labour market may be stabilising 7.48am GMT Jonathan Athow, the UKs deputy national statistician, says there are tentative signs that the UKs labour market was stabilising at the end of last year, given the rise in company payrolls in the last two months:Commenting on todays labour market data, Deputy National Statistician for Economic Statistics Jonathan Athow said: (1/3) pic.twitter.com/vK3SSf6UUYJonathan Athow added: (2/3) pic.twitter.com/AvdIsDrvGZJonathan Athow continued: (3/3) pic.twitter.com/ZHqQDnJWXG 7.30am GMT Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. Britains unemployment rate has risen to its highest level since early 2016, as the Covid-19 pandemic continues to hit the labour market - particularly younger workers.But, there are also signs that the jobs market is stabilising, with a small increase in the number of payrolled employees in December and January, and a pick-up in vacancies.#Breaking The number of UK workers on payrolls increased by 83,000 last month but has fallen by 726,000 since February 2020 due to the impact of the pandemic, according to the Office for National Statistics (ONS) pic.twitter.com/QyEaVVZKMCThere were 28.3 million employees paid through payroll in January, up 83,000 on December. However, this was still 726,000 fewer than in February 2020, before the pandemic started to affect the jobs market https://t.co/JnDniCrnUb pic.twitter.com/8UU8SQWB7DNew analysis by age band shows that the 18 to 24 years age group has seen the greatest decrease in payrolled employees since February 2020. Our latest labour market statistics have been published for October to December 2020 https://t.co/1DgbObMBLB pic.twitter.com/VCjyNs4y06 Continue reading...
2021-02-23 07:09:01| Mondaq.Com
For many businesses, the personal information of its customers is crucial to providing goods and services.
2021-02-22 22:38:41| Knowledge@Wharton
Scholars David A. Thomas and Robin J. Ely talk with Whartons Katherine Klein about why the business case for diversity takes pressure off leaders to create a real culture of inclusion.
2021-02-22 21:01:22| Guardian Unlimited Business - more business news
Trade bodies say many firms and workers face uncertain future, with 10 days to go until budgetBusiness leaders have told Boris Johnson that his roadmap for exiting the third Covid lockdown in England remains incomplete without fresh financial support for companies and workers hardest hit by the pandemic.The prime minister promised the government would not pull the rug out from under struggling firms and workers while restrictions remain in place during the phased relaxation of lockdown, but to the disappointment of company bosses and trade unions he deferred details of future economic support to the budget in 10 days time. Continue reading...
2021-02-22 16:11:40| Mondaq.Com
February 21, 2021 - Business travel to Canada is still thriving for many industry sectors during the COVID-19 pandemic despite all the hype surrounding Ottawa's air and land travel restrictions. Read how.