Unemployment

Do Sisi's policies endanger Egyptians abroad?

The imbalanced power relations between Egypt and the Gulf is mirrored by the treatment Egyptians have been receiving in the region.

Syrian student gets 800 job rejections as German economy sees sharp decline

Abdul Kader Tizini, who has a master’s in engineering from a top university, finds it’s even harder to find work as a foreigner as virus-driven hiring freezes and layoffs pit him against native graduates and unemployed professionals.

Biden to sign order to address growing hunger crisis

US President Joe Biden is signing two executive orders that will increase food aid, protect job seekers on unemployment and clear a path for federal workers and contractors to get a $15 hourly minimum wage.

Tunisia seeks to stem wave of night-time street riots

Defying movement restrictions aimed at reining in spiralling novel coronavirus infections, students and activists have flocked to a key boulevard in Tunis, shouting slogans against poverty, corruption and police repression.

US loses 140,000 jobs, first monthly loss since spring

140,000 jobs have been lost in the US last month for the first time since April, as the coronavirus pandemic tightens its grip on consumers and businesses.

Study: Blacks in Uruguay still suffering under systemic racism

A study by the World Bank shows Afro-Uruguayans are victims of racism, are being excluded and earn much less than the rest of the country.

Why suicides have spiked in Iraq

Suicides have increased in Iraq since the beginning of the year, as many young people suffer social and economic problems fuelled by the pandemic.

Turkey: Economy in rapid normalisation process as of July

Turkey’s exports increased by up to 27 per cent in the June-August period compared with March-April, Turkey’s Treasury and Finance Minister Berat Albayrak says at launch of three-year economic plan.

Coronavirus drags German economy into record recession

Germany has cautiously reopened and the economy has started bouncing back but economists say it is far from the pre-pandemic level.

World Bank projects Covid-19 to push 100 million into extreme poverty

Bank says coronavirus pandemic inflicted a "swift and massive shock" causing broadest collapse of global economy since 1870.

Japan still in recession, but economy shrank at lower rate

Japan's economy has shrunk at an annual rate of 2.2 percent, better than the early estimations due to the hit of coronavirus pandemic and the ongoing trade conflict between US and China, country's most important trading partners.

US new weekly jobless claims seen falling below two million

Surveys have also shown consumer confidence, manufacturing and services industries stabilising albeit at low levels in May, indicating the downturn triggered by Covid-19 pandemic was bottoming.