emploi
York (United States) (AFP) - Parents of young children in the United States are finding that with day care centers in short supply, or too expensive, more and more of them -- mostly mothers -- are having to stay at home to look after their kids. "It was just an undercurrent previously that was exposed and compounded by the pandemic," said Kevin Schreiber, who heads an association of business leaders in York County, Pennsylvania. He was speaking to AFP on the sidelines of a visit by the chairman of the US Federal Reserve, Jerome Powell, and of its Philadelphia branch, Patrick Harker, who came ...
AFP
New York (AFP) - With the closure of BuzzFeed News and bankruptcy looming at Vice, the once promising world of free digital media finds itself at a crossroads, seeing ad revenues dry up at the same time as disappointed investors begin walking away. BuzzFeed, one of the OG new media disruptors, announced in late April that it would shutter its news division. Translation: 180 jobs lost. As for Vice, the company -- once a darling that attracted major funding from Disney and Fox, among others -- has canceled its signature show Vice News Tonight, laid off 100 people, and is reportedly on the verge ...
AFP
Washington (AFP) - Montrell Carmouche praises Mexico's white beaches and coral reefs, selling it by telephone as a holiday destination while trying not to reveal that he has never been there -- or that he is, in fact, an inmate imprisoned in the United States. His story -- and his pay, a meager $6 commission per sale -- are featured in a report released this week by the powerful American Civil Liberties Union (ACLU) and the University of Chicago which documents the work of the US prison population. Inmates "are paid pennies for their work in often unsafe working conditions even as they produc...
AFP
Washington (AFP) - Holiday events have been scrapped in droves, thousands of flights canceled, cruises are now off limits: the Omicron variant has wreaked havoc in the United States, and the new year could see more issues exacerbating the worker shortage and price increases. "We are starting to see some initial signs that Omicron is having an impact on the economy, mainly in the sectors where face to face interactions are most important," in particular service sector businesses like bars and restaurants, Oren Klachkin of Oxford Economics told AFP in an interview. The world's largest economy ha...
AFP
Washington (AFP) - American workers are quitting their jobs by the millions every month taking advantage of new opportunities created by the pandemic recovery, and creating an unprecedented labor shortage for companies. In October, 4.2 million Americans resigned, after 4.4 million in September and 4.3 million in August, according to data from the Labor Department. Meanwhile, new applications for unemployment benefits last week fell to just 184,000, the lowest level since September 1969, the Labor Department said Thursday. There are 11 million job openings, and the number of vacancies is peak...
AFP
Washington (AFP) - It's back to school time in America after a year of remote learning, but forget about the iconic yellow school bus: because of Covid, there is a shortage of drivers. The problem -- among other issues -- is that some drivers oppose mask-wearing mandates, and others, who are older and do this kind work after retiring from other jobs, are worried about catching the virus while driving kids around, education officials said. The Minneapolis area of Minnesota, for instance, has warned that school bus service this year will be sporadic because of what it called a driver shortage be...
AFP
Washington (AFP) - American states are moving to cut pandemic unemployment benefits, a painful blow for millions of people who will soon be left without income. With punishing jobless levels during the Covid-19 pandemic, unemployment benefits had been extended -- especially to the self-employed -- and extended further until September 6, even for those who had reached the maximum duration. But now 21 out of 27 states governed by Republicans -- including Missouri, Alaska, West Virginia, Indiana and Georgia -- will soon reduce or eliminate additional unemployment aid, according to a note from ana...
AFP
Washington (AFP) - The US workforce continues to reel nearly a year into the Covid-19 pandemic, but the first signs of a sustained recovery fueled by government aid and coronavirus vaccines may come in the government employment report set for release on Friday. The Labor Department data is expected to show the unemployment rate remained unchanged in February at 6.3 percent with the economy adding 200,000 jobs, an improvement from the 49,000 positions added the month prior. The report could bolster the case that the world's largest economy is set for a mini-boom later this year, as vaccines tak...
AFP
Havana (AFP) - Cuba is undergoing a paradigm shift: after decades of tight, centralized control, the communist government is opening up the bulk of its economy to the private sector. While economic decline and spiralling unemployment are the main drivers, analysts say the liberalization measures can also be seen as an overture to a new US president. "It is definitely a strong signal at a crucial moment when the US administration has said it is revising the policies of (Donald) Trump towards Cuba," said Ricardo Torres, an economist at the University of Habana. Six decades of US sanctions, tough...
AFP
Washington (AFP) - From the US presidential election to the state of the economy, on paper this week did not go well for Wall Street, and yet stock indices climbed ever higher.Wall Street's preferred candidate President Donald Trump has lost key states and may indeed lose the White House. The US economy is still suffering from the coronavirus pandemic, and Congress could remain split between Democrats and Republicans for the next two years, meaning much-needed stimulus spending may come haltingly or be undersized.The ingredients are all there for US stocks to plunge -- and yet the Dow Jones In...
AFP
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