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The Jakarta Post
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unemployment

Budget for public works and transportation slashed by Rp 54.8 trillion
Business 4 months ago

Budget for public works and transportation slashed by Rp 54.8 trillion

The Public Works and Housing Ministry’s budget has been reduced by Rp 44.5 trillion from its i...
US weekly jobless benefits to stay elevated as coronavirus layoffs widen
Business 4 months ago

US weekly jobless benefits to stay elevated as coronavirus layoffs widen

Initial claims for state unemployment benefits likely totaled a seasonally adjusted 2.5 million for ...
Nearly 600,000 Australians lose jobs as virus lockdown bites
Business 4 months ago

Nearly 600,000 Australians lose jobs as virus lockdown bites

The Australian Bureau of Statistics (ABS) said 100,000 people filed for unemployment benefits, while...
Tourism giant TUI to slash 8,000 jobs over virus crisis
Business 4 months ago

Tourism giant TUI to slash 8,000 jobs over virus crisis

The group reported a net loss of 763.6 million euros for its second quarter to March.
Government to allocate extra spending of Rp 56 trillion in 2021 to revive economy
Business 4 months ago

Government to allocate extra spending of Rp 56 trillion in 2021 to revive economy

The agency projects unemployment to increase by 4.22 million people in 2020. 
Small firms wait for aid
Editorial 4 months ago

Small firms wait for aid

Most of the layoffs should have been done by MSMEs, as they have thin cash buffers, rely mainly on s...
Consumer spending to contract in 2020 as pessimism takes hold
Business 4 months ago

Consumer spending to contract in 2020 as pessimism takes hold

Consumer spending, which accounts for more than a half of the country’s GDP, grew by just 2.84...
Can social safety net ‘treat’ economic impacts of COVID-19?
Opinion 4 months ago

Can social safety net ‘treat’ economic impacts of COVID-19?

Indonesia’s poverty rate could increase to 10.54 percent, or around 28.4 million people, witho...
Unemployment rolls seen swelling in US as coronavirus restrictions bite
Business 4 months ago

Unemployment rolls seen swelling in US as coronavirus restrictions bite

The Labor Department's weekly jobless claims report on Thursday will probably reinforce economis...
Indonesia’s unemployment numbers rise to 6.88 million in February
Business 4 months ago

Indonesia’s unemployment numbers rise to 6.88 million in February

The number of unemployed people across the country increased slightly to 6.88 million in February, S...
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