Unemployment rate rose to 14.7% from just 4.4% in March as the coronavirus pandemic shuttered the global economy
More than 20 million people in the US lost their jobs in April and the unemployment rate more than trebled as the coronavirus pandemic shuttered the world’s largest economy, triggering a financial crisis unseen since the Great Depression.
The Department of Labor announced Friday that the US unemployment rate rose to 14.7% from just 4.4% in March and a near 50-year low of 3.5% in February before the US was hit by the virus.
Continue reading...Teenagers affirm evidence that suggests they are particularly struggling with coronavirus crisis
When, in late February, Betsy Sheil turned 16, she thought she was staring down the end of secondary school, not the beginning of global pandemic.
“I was going to finish year 11 and do my GCSEs, then I was going to have a really long summer with my friends, hopefully go abroad – have that summer that everyone has.”
Continue reading...Five-point plan to protect renters comes as poll shows 1.7 million people fear unemployment
Labour is calling on the government to draw up emergency measures to protect renters beyond June as polling shows up to 1.7 million people in the private sector fear that they will lose their jobs this summer.
Dire economic forecasts released this week, including a Bank of England warning that the country faces its worst recession in 300 years, has prompted Labour to rapidly escalate its call for current protections for the rented sector, like the three-month ban on evictions in England and Wales, to be extended.
Continue reading...If you would like to take part in a project about love and loss, we’d like to hear from you
After losing his father and younger sister in recent years, photographer Simon Bray has an appreciation of what it feels like to lose someone close to you, and through his photography project Loved&Lost, he offers the opportunity to acknowledge and celebrate those who are no longer with us.
If you have lost someone through coronavirus and would like to take part, we’d like to hear from you.
We're in need of a delicious cat medley this week, wouldn't you say?
We searched through the most up-voted cat pictures on the popular subreddit r/cats from the past few weeks, and we decided to share them all with you!
The pictures all have one thing in common, and that is, of course, cats. However, that's where the similarities end.
There are images of hilarious cats being hilarious, adorable-ness (naturally), glow-ups, and mourning and loss. We wanted to take a moment to appreciate the beauty of all these cats and remember those who have recently left us, they may be gone but never forgotten.
We know that there is at least one planet orbiting Proxima Centauri, the nearest star to our solar system, and now astronomers may have taken the first picture of a second world
Astronomers found a star that appeared to be orbiting nothing at all – but it’s actually the closest black hole ever at just 1000 light years away
New Zealand is on track to eliminate covid-19 altogether, but keeping the virus out for good will be a challenge, and the economic impacts are likely to hurt
About 80 per cent of stars in the Milky Way’s central bulge have relatively close encounters with another star, which can fling off any planets orbiting them
A judge dismisses Christian Hacking's bid to overturn a ban on posters put up around Waltham Forest.
It reportedly planned to re-open on Friday, but authorities say this could lead to more virus cases.
Like 90s hip-hop, The Web We Lost™ retains a near-mystical hold on the hearts and minds of those who were lucky enough to be part of it. Luke Dorny’s recent, lovingly hand-carved redesign of his personal site encompasses several generations of that pioneering creative web. As such, it will repay your curiosity.
The post The Web We Lost: Luke Dorny Redesign appeared first on Zeldman on Web & Interaction Design.
With the nationwide lockdown extended to May 3, the Indian Premier League (IPL) remains in suspension. The T20 extravaganza was first postponed to April 15 by the BCCI.
Except one franchisee, all other seven are sweating over the losses they are going to suffer if the IPL does not take place this year. Chennai Super Kings are unperturbed as they are the only franchisee to have taken insurance cover first up. "We bought the insurance in the first week of March," a team official told mid-day on Tuesday.
It is learnt that CSK's insurance cover is worth approximately Rs 65 to Rs 70 crore. The three-time IPL champions will be able to make a claim to the insurance company only if the IPL is called off this year.
When asked whether the Coronavirus pandemic is covered in the insurance, the official said: "Our legal department is looking into it. We are in touch with the insurance company as well. We will be able to conclude things only when the BCCI takes a decision on the IPL. Pandemic is a new thing for everyone." CSK were lucky to finalise the insurance deal before the pandemic struck. The other franchises who mid-day spoke to, said they were still in talks with the insurance companies when the IPL was postponed.
Meanwhile, the BCCI is still exploring options of holding the cash-rich league this year.
Though the Coronavirus pandemic has put the world's cricketing schedule in limbo and with concerns raised over the scheduled T20 World Cup in Australia this October, the BCCI is preparing all sorts of possible scenarios to hold the IPL. "Shelving the tournament will be a worst-case scenario," a BCCI source told mid-day on Tuesday.
A few possibilities have emerged. The first is the July-August window, where Team India are not scheduled to play any cricket. The BCCI is well-aware that rain could play spoilsport if the IPL is to be held in India during this period. To negate the weather threat, the BCCI is ready to move the IPL abroad if needed. "The IPL has happened on foreign land in the past (2009 and the first half of the 2014 edition), so why can't it be done this time too? Everyone wants the IPL to happen, there is no doubt about it," said the source.
"All that we require is just four venues to conduct matches. Whether to have a curtailed or a full-fledged IPL is a decision that will be taken when we cross that bridge," the source added.
However, taking the IPL overseas will not be an easy decision considering the travel restrictions that the Indian government may put in place. A franchise official, though, wasn't pleased with the proposed plan of playing abroad to beat the rains. "Monsoons will not affect the entire country. South India can definitely be explored. It would be crazy to play abroad especially when saving costs would be a major challenge for all teams," the franchisee official said. Thankfully for franchises, no sponsor has backed out so far.
The window between September and October is also being explored by the BCCI if the Asia Cup is postponed. And if the T20 World Cup is postponed, then another window for the IPL opens up. "There is absolutely no harm in having the IPL if the T20 World Cup does not take place," the source said.
Franchises too are pinning their hopes on the T20 World Cup getting postponed. "That's the perfect window to conduct it. With Australia locked down for six months [till September] for foreign travellers, the T20 World Cup is surely in doubt," a franchisee official said.
The BCCI is also open to conducting the IPL after the T20 World Cup.
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