Day: October 14, 2020

US weekly jobless claims fall to 840,000, above economist forecasts

  • New US jobless claims for the week that ended Saturday totaled 840,000, the Labor Department said Thursday. The reading landed above the consensus economist estimate of 820,000 but marked a slight decline from the previous week’s revised figure.
  • Continuing claims, which track Americans receiving unemployment benefits, fell to 11 million for the week that ended September 26. That was also lower than economist expectations.
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The number of Americans filing for unemployment benefits edged lower last week in a modestly encouraging sign for the labor market’s prolonged recovery.

New US weekly jobless claims totaled an unadjusted 840,000 for the week that ended Saturday, the Labor Department announced Thursday. That reading came in above the median economist estimate of 820,000 compiled by Bloomberg but reflected a slight decrease from the previous week’s revised figure.

Continuing claims, which track the aggregate total of Americans receiving unemployment

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Nurses reject Alberta Health Services’ proposal to again delay labour talks: Finance minister

The United Nurses of Alberta (UNA) has “rejected stability during a pandemic” by demanding labour talks next month, charges Alberta’s finance minister.



Dennis Franchione wearing a suit and tie: Finance Minister Travis Toews.


© Provided by Edmonton Journal
Finance Minister Travis Toews.

Finance Minister Travis Toews in a Thursday afternoon news release said he is “extremely disappointed” with UNA leadership’s rejection of Alberta Health Services’ (AHS) proposal to delay labour negotiations.

But the UNA says enough time has gone by since the leadership agreed to press pause on collective agreement negotiations when the pandemic struck the province in March. Now, it’s asking AHS to resume bargaining talks Nov. 16.

AHS “rejected that proposal, instead suggesting that the two bargaining teams next meet on March 31, 2021,” the union said in a Thursday statement.

“UNA declined the AHS position to delay negotiations until 2021, as well as an offer to delay layoffs until that date. UNA believes that any layoffs should be

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United Kingdom Income Protection Insurance Market 2020-2024: Current Drivers / Legislation / Impact of Covid-19 – Press Release

Dublin, Oct. 08, 2020 (GLOBE NEWSWIRE) — The “Income Protection – United Kingdom (UK) Protection Insurance 2020” report has been added to ResearchAndMarkets.com’s offering.

The report provides an in-depth assessment of the income protection market, looking at current and historical market sizes with regards to changes in contracts and premiums. It examines how income protection products are distributed and highlights key changes in the competitive landscape, as well as the proposition of the key market players. It provides five-year forecasts of contracts and premiums to 2024 and discusses how the market, distribution, and products offered are likely to change in the future, as well as the reasons for these changes.

The UK’s income protection market has grown strongly in recent years. Of the main protection products, income protection was the only product to register double-digit growth in premiums in 2019. Advised sales remain far more common than non-advised sales. However,

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Australia casino boss Packer says junkets help skirt China money controls

By Byron Kaye



a close up of a fence: FILE PHOTO: The logo of Australia's top casino operator Crown Resorts adorns a fence surrounding the Crown Perth hotel and casino complex in Western Australia


© Reuters/STRINGER
FILE PHOTO: The logo of Australia’s top casino operator Crown Resorts adorns a fence surrounding the Crown Perth hotel and casino complex in Western Australia

SYDNEY (Reuters) – Australian casino billionaire James Packer on Thursday said international tour operators helped Chinese gamblers circumvent Chinese capital controls, and that his company gave incorrect public statements distancing itself from the so-called junkets.

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The Crown Resorts Ltd founder and one-third owner shared his perception of the travel agents who bring gamblers, often from China, to casinos at an Australian government inquiry. The inquiry is being held to determine whether the company should be allowed to run a A$2.2 billion ($1.6 billion) casino in Sydney’s tallest building. So far during the inquiry, taking place just two months before the 75-floor tower’s scheduled opening, Packer has agreed that he sold a stake in Crown to Hong Kong’s Melco

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