Jobs

LONDON  - The number of people in work in Britain fell by the most since 2009 in the three months through June as the coronavirus crisis took a heavy toll on the labour market, even with the government’s huge jobs protection scheme still in place.

The move comes on the heels of an executive shakeup Friday, with WarnerMedia's Bob Greenblatt and Kevin Reilly, who oversaw the company's streaming service HBO Max, stepping down.

Since the program launched at the beginning of April, more than 5.2 million loans worth about $525 billion had been distributed, saving some 51 million jobs.

Young people armed with new degrees, diplomas and professional qualifications are struggling to enter the workforce as the pandemic pushes the global economy into recession.

The unemployment rate is "undoubtedly" higher than the 10.2% reported for July, Chicago Federal Reserve President Charles Evans said on Sunday.

Trump’s four executive actions do many of the things that the Democrats have been agitating for.

The U.S. economy added 1.76 million jobs in July and the unemployment rate sank to 10.2 percent.