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France unveils 'historic' €100 billion package to boost sick economy
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COVID-19: 649,000 fewer people employed in UK since lockdown began
Official figures from the Office of National Statistics (ONS) show record-breaking economic inactivity in the UK with 649,000 fewer workers on payrolls.
European Union revamps Europass to get people working
Covid-19 has disproportionately affected young and seasonal workers. The EU has recently revamped Europass, a tool that can help people in their search for work
Israel: Tel Aviv protest targets Netanyahu over COVID-19 economic aid
Protesters accuse the Israeli prime minister of failing to address economic woes brought on by the coronavirus pandemic.
Portugal: UK COVID-19 quarantine restriction hits Algarve tourism
Industry analysts say only about a third of the usual number of tourists will visit Portugal's Algarve region this summer.
Jobless rate to hit record this year in richest economies, says OECD
The average unemployment rate across the OECD is forecast to reach 9.4 per cent at the end of 2020, and remain stubbornly high at 7.7 per cent in 2021.
Coronavirus: 1.6m people in the UK now claiming unemployment benefit
There are fewer jobs available in Britain than when records began.
COVID-19 having 'disproportionate' impact on young workers, warns ILO
More than one in six young people have been forced to stop working since the pandemic began, the UN's International Labour Organisation has highlighted, warning it "make it much more difficult to rebuild a better, post-COVID economy".
state of the union
Europe's week: Recovery, risk and US-China relations
Paris and Berlin teamed up to present their post-pandemic financial recovery plans for Europe, but not everyone was cheering Macron and Merkel.
Hunger queues form in Madrid in wake of COVID-19 lockdown
Tens of thousands of people in the Spanish capital are now turning to food banks and neighbourhood associations to cushion the economic blow of lockdown.
Is more working from home going to be a lockdown legacy?
Nearly four-in-10 people in the EU began working from home as a result of the COVID-19 pandemic. Will they stay away from the office, permanently?
Ryanair to cut up to 3,000 jobs and close bases in Europe
Michael O'Leary, Chief Executive Officer of Ryanair, said he regretted the cuts and singled out "manifestly unfair" rules put in place by the French government on airport taxes.
World economy 'unlikely to recover to pre-pandemic levels before 2022'
The world economy is unlikely to return to pre-pandemic levels before 2022 at the earliest, the Dutch banking group ING has warned.
Nearly half of world’s workers risk losing their livelihoods, says ILO
The ILO estimates that 1.6 billion people are in “severe danger” of losing between 60 and 80 per cent of their income
Spain's poorest are being punished by the coronavirus crisis
Thousands have lost all income and aid organisations are overwhelmed as lines at food banks have tripled.
EU's 100 billion euro scheme to tackle coronavirus unemployment
With unemployment surging across Europe and worldwide, will the EU's SURE scheme (Support to mitigate Unemployment Risks in an Emergency) help avoid another pandemic - joblessness - once the COVID-19 emergency has receded?
'Our plans collapsed in a second': Polish lockdown hits migrants hard
There are nearly two million migrant workers in Poland. Most have lost jobs during the pandemic and some are frantically trying to find a way home.
Coronavirus pandemic pushes jobless figures into record territory
Europe is seeing record numbers of jobless as business shut and travel all but stops over the global pandemic.
EU hopes to mitigate lockdown and help workers with €100 billion fund
Brussels has launched a €100 billion fund to help those feeling the economic fallout from coronavirus lockdowns.
Coronavirus in Europe: one million job losses in two weeks
Trade unions are calling on the EU to save jobs with income replacement systems. For this to work, a 200-400 billion euro fund is needed
How should the EU mitigate the coronavirus economic downturn?
The EU is looking at different ways of how to help businesses and workers weather the economic storm created by coronavirus uncertainty.