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France considers furlough extension post Covid curbs

Bloomberg The French government will provide support to any sector hit by latest Covid restrictions, including extending financing of furlough beyond the end of this year, Finance Minister Bruno Le Maire said. The finance ministry is working with the labour ministry to extend the current mechanism and make it easier to access for firms affected by government decisions including the ...

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Canada adds 153,700 jobs as unemployment rate declines

Bloomberg Canada’s labour market blew past expectations in November as the end of income support programs helped fuel new hiring. Employment rises 153,700 last month, Statistics Canada reported in Ottawa. That’s more than quadruple the 37,500 gain economists were predicting, according to the median estimate in a Bloomberg survey. The numbers show just how close the nation’s economy is to ...

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German factory orders drop 6.9% in October

Bloomberg German factory orders plummeted in October as demand for investment goods declined, putting the economy on weak footing in the final months of the year. Orders fall 6.9% following a 1.3% increase the previous month. That’s the biggest drop in the volatile index since August and a worse reading than predicted by a single economist in a survey of ...

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