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More than half of Britain’s adult population is now being funded by the state

Date Tue 05 May 2020 By InProportion2 Tags unemployment / economy

Today the UK Chancellor gave an indication of how much it is costing to support people who are unable to work due to the lockdown.

More than half of Britain’s adult population is now being funded by the state. 6.3 million people in the UK – almost a quarter …

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UN: Half the global workforce set to loose livelihoods - thats 1.6 Billion people

Date Sun 03 May 2020 By InProportion2 Tags unemployment

While thinking about the Covid crisis it is probably too easy to get caught up in the immediate issues that affect you, such as how to continue with your work or get hold of groceries that you need. Many of us get very focused on Government policy: when will the …

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UN Agency: "Workers and businesses are facing catastrophe

Date Fri 10 April 2020 By InProportion2 Tags economics / unemployment

"Workers and businesses are facing catastrophe, in both developed and developing economies," said Guy Ryder director general of the International Labour Organization (ILO), an agency of the United Nations.

The outbreak is expected to wipe out 6.7% of working hours across the world during the second quarter of 2020 …

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One million, ten times as many as usual claim Universal Credit in a fortnight

Date Fri 03 April 2020 By InProportion2 Tags economics / unemployment

Nearly one million people have applied for Universal Credit in just over two weeks - up from around 100,000 claims that are usually made in a fortnight.

Demand for the benefit has surged amid the coronavirus pandemic, with the nationwide lock-down forcing many people out of work or to reduce …

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Fifth of small businesses may not survive the month

Date Wed 01 April 2020 By InProportion2 Tags economics / unemployment

"Almost a fifth of all the UK's current support measures, it is feared.

According to accountancy group the Corporate Finance Network, the current coronavirus lock-down measures mean that 18 per cent of all SMEs will have to close within the next four weeks, putting around 4m people out of work …

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    • More than half of Britain’s adult population is now being funded by the state
    • UN: Half the global workforce set to loose livelihoods - thats 1.6 Billion people
    • UN Agency: "Workers and businesses are facing catastrophe
    • One million, ten times as many as usual claim Universal Credit in a fortnight
    • Fifth of small businesses may not survive the month
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