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US jobless rate spikes to 14.7pc, highest since Great Depression

ISLAMABAD: The US unemployment rate hit 14.7 percent in April, the highest rate since the Great Depression, as 20.5 million jobs vanished in the worst monthly loss on record. The figures are stark evidence of the damage the coronavirus has done to a now-shattered economy.The losses, reported by...




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Major, 5 soldiers martyred in Kech IED blast

RAWALPINDI: Six security forces personnel, including one officer, were martyred and another injured as an improvised explosive device hit their reconnaissance vehicle in Buleda near the Pakistan-Iran border, the military's media wing said in a statement released Friday.According to the...




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Major, five soldiers martyred in Kech IED blast

RAWALPINDI: Six security forces personnel, including one officer, were martyred and another injured as an improvised explosive device hit their reconnaissance vehicle in Buleda near the Pakistan-Iran border, the military's media wing said in a statement released Friday.According to the...




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Pandemic destroys US jobs as Germany urges unity

WASHINGTON: The coronavirus epidemic sent US jobless totals soaring to historic highs on Friday, increasing pressure on authorities to follow Europe in phasing out lockdown measures despite still climbing American death tolls.Germany, meanwhile, marked the anniversary of the end of World War II in...




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Taking ownership: Better data is needed on women’s assets in Asia -- by Kaushal Joshi, Mildred Addawe, Arturo Martinez

Collecting sex-disaggregated data on asset ownership is an important step in achieving gender equality and empowerment of women and girls in Asia and the Pacific.




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Job safety does not happen by accident -- by Kristy Harrison

Health and safety on the jobsite involves more than simply enforcing rules and regulations. A culture of prevention, as well as innovative digital solutions, are needed to keep workers alive and healthy.




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Will robots take our jobs? It’s an age-old question. -- by Jayant Menon

The discussions around the impact of artificial intelligence and its impact on jobs could result in improved skills and greater adaptations by the world’s work force.




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How do we capture the digital economy in statistics? -- by Clara Delos Santos, Angelo Jose Lumba

By some estimates, the digital economy now accounts for trillions of dollars. But policymakers and companies still lack the data needed to fully understand it.




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To survive the pandemic, Indonesia’s urban poor need economic support and help with basic services -- by Joris van Etten, Tiffany M. Tran

For many of Indonesia’s urban poor who work in the informal sector, social distancing is nearly impossible if they want to maintain their income. Two key policies can help.




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Court Overturns Quincy Jones' Win in Michael Jackson Lawsuit

A California appeals court on Tuesday overturned most of a 2017 jury verdict awarding Quincy Jones $9.4 million in royalties and fees from the Michael Jackson estate over the use of Jones-produced Jackson hits in the concert film "This Is It" and two Cirque du Soleil shows.The state's 2nd District C...




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Bangtan Boys to Join Obamas in YouTube Virtual Commencement Event

K-pop boy band Bangtan Boys, also known as BTS, will give speeches during a virtual commencement event along with global figures including former U.S. President Barack Obama and his wife Michelle, and pop star Lady Gaga. "Dear Class of 2020," organized by YouTube, will be streamed on June 6 to celeb...




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Kim Jong-un Did Not Have Heart Treatment, Say Spies

The National Intelligence Service here said Wednesday that North Korean leader Kim Jong-un did not have any heart treatment as widely rumored before he resurfaced last week.In a closed-door briefing to lawmakers, the NIS said Kim is believed to have conducted state affairs even when he was out of th...




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This iconic Cherry Hills Village home listed at $7.75 million after major renovations

An exquisite estate in Cherry Hills Village that finished as a finalist for the 2019 Home of the Year in Colorado Homes & Lifestyles Magazine was recently listed for sale at $7.75 million.




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Pandemic destroys 20.5m US jobs in April in historic collapse

The coronavirus lockdown wiped out 20.5 million US jobs in April, destroying nearly all the positions created in the previous decade in the world's largest economy, the country's labour department reported on Friday.

The unprecedented collapse drove the unemployment rate to 14.7 per cent — well beyond the peak hit in late 2009 during the global financial crisis — from 4.4pc in March.

And job losses in March were worse than initially reported, falling 870,000 even though the business closures mostly happened in the second half of the month.

The plunge in non-farm payroll employment was the largest ever recorded since 1939, while the jobless rate was the highest and the biggest increase since 1948, the report said.

Employment fell sharply in all major industry sectors, with particularly heavy job losses in leisure and hospitality, the first sector hit and the one bearing the brunt of the impact of the lockdowns.

However, the labour department noted that the some workers were misclassified in the report as employed when they should have been counted as laid off.

Had they been listed properly, the unemployment rate would have been nearly five percentage points higher.

Meanwhile, US President Donald Trump downplayed unprecedented US job losses, saying they were not a surprise.

“It's fully expected, there's no surprise. Somebody said, 'oh look at this,'” he said on Fox News minutes after the labour department published the figures.

“I'll bring it back,” he said.





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Dentons advises CPI Property Group on acquisition of a majority stake in Chałubińskiego 8 office building

Dentons’ Real Estate team advised CPI Property Group (CPI), the largest commercial property owner in the Czech Republic, Berlin and the CEE region, on the acquisition of a 50.3% share in the ownership of Chałubińskiego 8 office building in Warsaw. The divestment was made by First Property Group, an investment company and the manager of real estate funds operating in Great Britain and Central Europe.




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Microchip Joins Responsible Business Alliance (RBA) – the Global Industry Coalition Dedicated to Corporate Social Responsibility

Microchip Joins Responsible Business Alliance (RBA) – the Global Industry Coalition Dedicated to Corporate Social Responsibility




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HARMAN Introduces Return-to-Work Program for Detroit-Area Professionals Rejoining the Workforce

At HARMAN, we believe the future of the workplace is one where individuals can take time away from work to focus on their families and caregiving duties without sacrificing the ability to drive a successful career. Through our partnership with Path...




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HARMAN and Tsinghua University Establish Joint Research Lab for Automotive Innovation

AUTO CHINA 2014, BEIJING -- Harman International Industries, Inc. (NYSE:HAR), the premium global audio and infotainment group, announced today it has entered into an agreement with China’s Tsinghua University to establish a new joint research laboratory focused on creating disruptive innovations for future vehicles.




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Michael Jordan's first Air Jordans up for auction at Sotheby's

An autographed and well-worn pair of basketball legend Michael Jordan's Nike shoes hits the auction block at Sotheby's on Friday, in a celebrity-infused test of the market for sneakers as...




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U.S. job losses in April worst since Great Depression

The latest figures from the Labor Department released on Friday showed the U.S. economy losing 20.5 million jobs in April, the steepest plunge in payrolls since the Great Depression. Colette Luke has more.




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Pandemic slams healthcare jobs

The steep plunge in U.S. payrolls caused by the pandemic also slammed the healthcare sector, as many workers in dentists' and doctors' offices lost their jobs. Fred Katayama reports.




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Protesters decry late arrests in GA jogger death

Hundreds of protesters gathered in front of a Georgia courthouse on Friday to decry the killing of an unarmed black man in February and the delay in charging two white men in a shooting captured on video that was released earlier this week. This report produced by Jillian Kitchener.




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Wall Street jumps despite historic job losses

Stocks on Wall Street jumped Friday despite historic job losses suffered by the economy. Fred Katayama reports.




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Monsanto pesticide blamed for major U.S. crop damage

A Reuters examination has found that widespread crop damage covering millions of acres of Midwestern farmland has its roots in weak regulatory oversight and corporate secrecy.




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Little Joe review: We should worry about these mind-bending plants

The plot of sci-fi movie Little Joe may sound like it plays to powerful 1990s anti-GM fears but bigger issues like human freedom may really be at stake




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Underland is a profound journey into the mirror world of the dead

An emotional and intellectual voyage into an underground mythical world imagined by the Sami people reveals truths about our collective future




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New prime minister Boris Johnson’s climate change record

Boris Johnson has become the new prime minister of the UK after winning the Conservative party leadership campaign. Here's what Johnson has said and done about climate change




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The best new books, films and games to enjoy in 2020

Wondering what to read, watch and see this year? Here's our cracking cultural calendar of the most interesting non-fiction, films, games, events and sci-fi in 2020




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Protesters decry delay in arrests of two white men in shooting of black Georgia jogger

Hundreds of protesters gathered in front of a Georgia courthouse on Friday to decry the killing of an unarmed black man in February and the delay in charging two white men in a shooting captured on video that was released earlier this week.




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U.S. tightens visa rules for Chinese journalists amid coronavirus tensions

The United States issued a new rule on Friday tightening visa guidelines for Chinese journalists, saying it was in response to the treatment of U.S. journalists in China, a shift that comes amid tensions between the two nations over the coronavirus global pandemic.




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No 'V'-shape return from devastating U.S. job loss, Fed policymakers say

As many parts of the world's biggest economy begin to reopen after weeks of stay-at-home orders that slowed the spread of the coronavirus but gutted jobs, Americans should not expect a quick return to growth, U.S. Federal Reserve officials said on Friday.




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Don’t Miss: Interactive thriller, spring journey and human futures

This week, make your own ending to a thriller set in a locked-down lab, join a nature walk to track Europe’s spring and listen to the trends shaping our future




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Breakingviews TV: Kim Jong ill?

North Korea’s portly dictator has dropped out of sight. Concern is rampant: Is he sick with coronavirus? In a coma? Dead? Whatever his condition, Pete Sweeney discusses the country’s succession problem and its implications for the region.




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The epic ocean journey that took Stone Age people to Australia

Some 65,000 years ago, early humans washed up on the lost continent of Sahul, which contained Australia. Now clues hint it was no accident but rather the first great maritime expedition




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Michael Jordan's first Air Jordans up for auction at Sotheby's

An autographed and well-worn pair of basketball legend Michael Jordan's Nike shoes hits the auction block at Sotheby's on Friday, in a celebrity-infused test of the market for sneakers as highly-prized collectibles.




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None more unbeatable than Djokovic at his best, says Martin

There is no one more unbeatable in men's tennis than Novak Djokovic when the Serb is at his best, former world number four American Todd Martin has said.




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Obamas, Lady Gaga, LeBron James join forces for U.S. virtual graduations

Former U.S. President Barack Obama, Lady Gaga, LeBron James and K-Pop band BTS are among dozens of celebrities and world leaders who will salute the class of 2020 in virtual U.S. graduation ceremonies replacing the traditional end of high school and college.




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Michael Jordan's first Air Jordans up for auction at Sotheby's

An autographed and well-worn pair of basketball legend Michael Jordan's Nike shoes hits the auction block at Sotheby's on Friday, in a celebrity-infused test of the market for sneakers as highly-prized collectibles.




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Air France-KLM and Rolls-Royce eye job cuts

Air France-KLM and jet engine maker Rolls-Royce are considering job cuts as lockdowns take a toll on first-quarter earnings. Francis Maguire reports.




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3.2 million more Americans seek jobless benefits

Millions more Americans sought unemployment benefits last week, suggesting layoffs broadened from consumer-facing industries to other segments of the economy and could remain elevated even as many parts of the country start to reopen. This report produced by Yahaira Jacquez.




jo

Pandemic slams healthcare jobs

The steep plunge in U.S. payrolls caused by the pandemic also slammed the healthcare sector, as many workers in dentists' and doctors' offices lost their jobs. Fred Katayama reports.




jo

Wall Street jumps despite historic job losses

Stocks on Wall Street jumped Friday despite historic job losses suffered by the economy. Fred Katayama reports.




jo

3.2 million more Americans seek jobless benefits

Millions more Americans sought unemployment benefits last week, suggesting layoffs broadened from consumer-facing industries to other segments of the economy and could remain elevated even as many parts of the country start to reopen. This report produced by Yahaira Jacquez.




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'Sufficient probable cause' for murder charges in GA jogger death: official

VIc Reynolds, director of the Georgia Bureau of Investigation, told reporters on Friday that there is "sufficient probable cause" to charge Gregory and Travis McMichaels with felony murder and aggravated assault in February's shooting death of an unarmed black man.




jo

U.S. job losses in April worst since Great Depression

The latest figures from the Labor Department released on Friday showed the U.S. economy losing 20.5 million jobs in April, the steepest plunge in payrolls since the Great Depression. Colette Luke has more.




jo

Protesters decry late arrests in GA jogger death

Hundreds of protesters gathered in front of a Georgia courthouse on Friday to decry the killing of an unarmed black man in February and the delay in charging two white men in a shooting captured on video that was released earlier this week. This report produced by Jillian Kitchener.




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Dengue Fever a Major Cost Burden in Puerto Rico

Title: Dengue Fever a Major Cost Burden in Puerto Rico
Category: Health News
Created: 5/2/2012 6:05:00 PM
Last Editorial Review: 5/3/2012 12:00:00 AM




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Joggers Live Longer, Study Says

Title: Joggers Live Longer, Study Says
Category: Health News
Created: 5/3/2012 8:05:00 PM
Last Editorial Review: 5/4/2012 12:00:00 AM




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Positive Thinking, Persistence Pay Off in Job Search: Study

Title: Positive Thinking, Persistence Pay Off in Job Search: Study
Category: Health News
Created: 5/3/2012 8:05:00 PM
Last Editorial Review: 5/4/2012 12:00:00 AM