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US jobs growth much weaker than expected

BBC News
Published
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US employers hired fewer workers than expected last month despite a huge stimulus package that saw the government send $1,400 (£1,000) cheques to most Americans.
Just 266,000 jobs were added in April and the unemployment rate edged up to 6.1%, according to the Bureau of Labor Statistics.
It said a hiring spree among leisure and hospitality businesses was offset by declining courier numbers.
In all, 9.8 million remain unemployed.
In February 2020, before lockdowns forced millions into unemployment, 5.7 million people were out of work.
In March, the Biden administration pushed through the $1.9tn stimulus package.
The latest jobs figures were well below the expectations of economists, who had predicted that the gain would be anywhere from 900,000 to 2 million jobs. ....

New York , United States , United Kingdom , Richard Flynn , Samira Hussain , Mike Bell , Bureau Of Labor Statistics , Charles Schwab , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் , ரிச்சர்ட் ஃப்லிந் , சமிரா ஹுசைன் , மைக் மணி , பணியகம் ஆஃப் தொழிலாளர் புள்ளிவிவரங்கள் , சார்லஸ் ஸ்க்வாப் ,

BBC World Service - World Business Report, US adds fewer jobs than expected

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The US economy added 266,000 jobs in April, far fewer than economists had predicted. The BBC s Samira Hussain in New York talks us through the latest figures, and we get reaction from Harvard economist Jason Furman, who was also chair of the US Council of Economic Advisers under President Obama. Also in the programme, the BBC s Justin Rowlatt finds out whether electric cars are likely to become dominant more quickly than had previously been expected. Plus, Qatar s finance minister Ali Shareef al-Emadi has been arrested over allegations of misuse of public funds. We get the background from Hussein Ibish of the Arab Gulf States Institute. ....

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BBC World Service - World Business Report, Vaccine makers 'should work with poorer countries'

BBC World Service - World Business Report, Vaccine makers 'should work with poorer countries'
bbc.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bbc.co.uk Daily Mail and Mail on Sunday newspapers.

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BBC World Service - Business Matters, Americans get to take off their masks

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The Centre for Disease Control says that vaccinated Americans can now meet without masks but still urges caution about travel and meeting people away from the home. The BBC s Samira Hussain tells us this is cause for optimism that an end to lockdown restrictions is in sight.The food delivery firm Deliveroo plans a London listing expected to value it at $7bn. We consider the long-term future of the food delivery model once coronavirus restrictions are lifted with Peter Backman, a consultant in the restaurant sector. We learn about the introduction of Vietnam s first private defined contribution pension scheme and hear about the importance of the pep talk in getting us through the pandemic and we have an extended report about the challenges faced by three women around the world for International Women s Day. Our guests are Lien Hoang, from Nikkei Asia in Saigon, Vietnam and Professor Peter Morici from the University of Maryland in the US. ....

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BBC World Service - World Business Report, OECD: Prospects brighter for global economy

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A leading international agency has upgraded its forecast for global growth for this year. The Organisation for Economic Cooperation and Development said the world economy is likely to expand by 5.6% in 2021, and its chief economist Laurence Boone explains why the OECD believes prospects for growth are looking rosier. Also in the programme, the China National Offshore Oil Company, or CNOOC, has been de-listed from the New York Stock Exchange, and the BBC s Samira Hussain tells us what s behind the move. Plus, we take an in-depth look at Greenland, whose economy some believe is ripe for expansion. Allun Hubbard, a professor of glaciology at the Arctic University of Norway discusses prospects for agriculture in Greenland. The country depends heavily on funds from Denmark, but former Greenland prime minister Aleqa Hammond explores whether it could ever become independent. And Tracy Marchaud of the University of Southern Maine makes the case for a stronger ....

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