Instead of a surge in unemployment, businesses are struggling to fill positions, presenting a new risk to the pandemic recovery.
Tag: Layoffs and Job Reductions
How Social Class Affects Covid-Related Layoffs Worldwide
In the most egalitarian countries, poor and less educated adults were more protected from job losses.
Travel Workers Despair a Year Lost to Covid-19
Six travel workers, from a cruise ship crewmember in Manila to a tour bus driver in East Jerusalem, share how the prolonged shutdown has upended their lives.
Head of McKinsey Is Voted Out as Firm Faces Reckoning on Opioid Crisis
Partners decided not to keep Kevin Sneader in the top job. Weeks earlier, McKinsey had reached a historic settlement agreement in the U.S. over its advice to drugmakers.
Why Suicide Rose Among Japanese Women During the Pandemic
Job losses, urban isolation, household burdens: Covid-19 has compounded the pressures on women, raising alarms in a country that has worked to reduce some of the world’s highest suicide rates.
‘I Did Something Useful’: Unemployed Workers Take On the Virus in Temp Jobs
Some workers in devastated industries in Britain are finding solace and using their old skills as coronavirus testers, contact-tracing callers and hospital housekeeping workers.
Who Takes the Eurostar? Almost No One, as the Pandemic Fuels a Rail Crisis
A plunge in ridership at the international high-speed train mirrors wider troubles gripping Europe’s railway industry.
How One Airline’s Pandemic Hurt Becomes Everyone’s Pain
Virgin Atlantic doesn’t act alone to fly passengers. It relies on a constellation of companies employing people around the globe — all of whom are touched by the disappearance of travelers.
Uneasy Under Coronavirus Lockdown, Pubs in England Count Days Till Christmas
In October, pubs had a new pitch to lure in customers: They became work spaces. Less than a month later, they were forced to shut again. Now, they hold out hope for December.
Pret A Manger Will Try Anything to Survive
The pandemic made the lunch chain’s biggest strength — hundreds of stores in central London — its biggest weakness overnight.