Nakaseke, Uganda | THE INDEPENDENT | The increasing number of youth resorting to the metal scrap business which is now proving lethal, is a sign of desperation by the unemployed, Rev. Fr. Hilary Muheezangango, the Director of Caritas Kasanaensis under Kasana-Luweero Diocesan social development arm has warned. Fr. Muheezangango says …
Read More »TVET approach not necessarily solution to unemployment – Experts
TVET approach has contributed to the availability of skilled people in the country but unemployable due to skills mismatch Kampala, Uganda | THE INDEPENDENT | Experts in technical education say that the introduction of vocational training is not an automatic solution to the unemployment in the country. The UNDP statistics indicate that …
Read More »Katumba promises to end youth unemployment
Soroti, Uganda | THE INDEPENDENT | Presidential candidate John Katumba has promised to end unemployment among the youth across the country if voted in as the next president. Katumba who campaigned in Soroti City on Friday said that unemployment in Uganda is caused by nepotism, greed and dominance of foreign nationals …
Read More »Can Uganda steer out of poverty?
Kampala, Uganda | THE INDEPENDENT | More Ugandans could drift into poverty unless government comes up with measures to cushion those that have been rendered jobless as a result of COVID-19 pandemic. As the world marks the International Day for the Eradication of Poverty, there are fears that poverty levels in …
Read More »Asian Americans face record job losses from COVID-19: survey
New York, US | Xinhua | Asian American unemployment rates this year increased from 2.5 percent in February to 14.5 percent in April, and 15 percent in May, the greatest among all racial groups across the United States, said a recent survey. “The far-reaching economic impact of COVID-19 has been felt …
Read More »U.S. economy sees sharpest contraction in decades as COVID-19 recession deepens
Washington, US | XINHUA | The U.S. economy saw the sharpest contraction in decades between April and June as the country grappled with the fallout of COVID-19 lockdowns, indicating the depth and severity of the pandemic-induced recession. The U.S. economy contracted at an annual rate of 32.9 percent in the …
Read More »U.S. economy at risk of double-dip recession amid COVID-19 resurgence
Washington, US | XINHUA | The resurgence of COVID-19 cases across the United States is raising the risk of a double-dip recession if the country is unable to reign in the pandemic, economists have warned. A total of 34 U.S. states have seen increasing rates of COVID-19 infection since the Memorial …
Read More »Government moves to boost fish farming in Masaka
Masaka, Uganda | THE INDEPENDENT | The Ministry of Agriculture, Animal Industry and Fisheries has undertaken initiatives to boost fish farming in Masaka sub-region, as one of the measures to address unemployment among youth and women. The Ministry’s Undersecretary Ronald Ssegawa Gyagenda says that their technical teams have identified two …
Read More »US shows surprising jobs recovery in May amid pandemic
Washington, United States | AFP | The United States regained 2.5 million jobs in May and the unemployment rate dropped as coronavirus pandemic shutdowns began to ease, raising hopes the economy could recover from the crisis sooner than expected. The Labor Department report released Friday, which showed the jobless rate fall …
Read More »Tax the rich? Post-pandemic recovery idea finds favour in UK
London, United Kingdom | AFP | In billionaire-friendly Britain, where the global coronavirus outbreak has hit hard, the idea of making the wealthiest pay more tax to help economic recovery is gaining ground. Mass unemployment, bankruptcies and other potential shocks could hit the richest but supporters of tax reform say they …
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