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UK firms hire the most in 23 years after lockdown loosens

Bloomberg UK companies are on a hiring spree after the government relaxed lockdown rules, employing permanent staff at the fastest pace in 23 years and advertising the most vacancies in three years. The figures from consultant KPMG and online job placement agency Adzuna add to evidence that the economy is bouncing back strongly from last year’s recession. That will feed ...

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German unemployment falls in May

Bloomberg German joblessness fell in May, adding to signs that the economy is starting to turn the page on the coronavirus pandemic as restrictions are loosened. The drop of 15,000 put the total number of unemployed at 2.74 million, keeping the rate at 6%, according to Federal Labour Agency. Germany’s infection rate has fallen sharply over the last five weeks ...

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Canada suffers labour market setback ahead of reopening

Bloomberg Canada’s labour market weakened for a second month amid widespread restrictions to control a third wave of Covid-19. The economy lost 68,000 jobs in May, Statistics Canada reported in Ottawa. That adds to the 207,100 positions lost in April. The unemployment rate rises to 8.2%, from 8.1%. Economists in a Bloomberg survey had predicted a loss of 25,000 jobs, ...

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