Workers face ‘catastrophe’ with four out of five worldwide having had their jobs affected by coronavirus By Daily Mail City & Finance Reporter Published: 22:58 BST, 7 April 2020 | Updated: 23:13 BST, 7 April 2020 Four out of five workers worldwide have had their jobs affected by the coronavirus pandemic. Of the 3.3bn-strong global … Read more
A new report from the National Bureau of Economic Research has found that working from home during the COVID-19 pandemic won’t be an option for two-thirds of American workers. Researchers found a strong association between the ability of working remotely with high wage positions, while sectors such as hospitality and agriculture would be harder hit, according … Read more
Bondi Beach closed down last month and the jobs of their world-renowned lifeguards are in limbo amid the coronavirus pandemic. And while the elite group of rescuers saved countless lives, out of the water some of their darkest moments have come to light. Head lifeguard Bruce ‘Hoppo’ Hopkin, 51, was caught up in a drink … Read more
US lost more jobs than it gained for first time in decade last month as coronavirus crisis slams brakes on business By Daily Mail City & Finance Reporter Published: 21:57 BST, 3 April 2020 | Updated: 21:57 BST, 3 April 2020 The US lost more jobs than it gained for the first time in a … Read more
We publish our podcast every Friday to the player on This is Money, above, and on Apple Podcasts (iTunes) and on the podcast platforms Audioboom and Acast, both of which allow you to listen on desktop, mobile, or download an app. We also now publish to Spotify. To download the Apple Podcasts app if you … Read more
What is the coronavirus? A coronavirus is a type of virus which can cause illness in animals and people. Viruses break into cells inside their host and use them to reproduce itself and disrupt the body’s normal functions. Coronaviruses are named after the Latin word ‘corona’, which means crown, because they are encased by a … Read more
Rent-to-own firm Brighthouse is on the brink of collapse with more than 2,400 jobs at risk amid coronavirus crisis Thousands of jobs at risk as Brighthouse struggles under coronavirus lockdown Firm, which has 240 stores across Britain, could hire administrator by Monday It would join Flybe and Laura Ashley as companies buckling under pressure Coronavirus … Read more
Edinburgh-based aviation services firm John Menzies has announced it is axing 17,500 jobs globally as a result of the coronavirus pandemic. The outbreak has had a catastrophic impact on the airline, travel and hospitality sector and for companies like John Menzies, which provides ground handling, fuelling and cargo handling services for airlines all around the … Read more
Steel industry on the brink of collapse: 32,000 jobs under threat as demand plummets by 50% By Francesca Washtell For The Daily Mail Published: 21:51 GMT, 25 March 2020 | Updated: 21:55 GMT, 25 March 2020 The steel industry is racing to secure support from the Government as plunging demand leaves it on the brink … Read more
Laura Ashley has announced the permanent closure of 70 stores, with 721 employees set to lose their jobs. It comes after the fashion and furnishings retailer announced its intention to hire administrators last week, blaming the impact of coronavirus for tipping it over the edge. A host of retailers, including John Lewis and Ikea, have … Read more