Economics
Global Jobs Slump Puts U.S. Payrolls in Spotlight: Eco Week
- Japan, Italy, Germany also release labor market data
- Weekly take on events in the world economy and their fallout
Subway riders wear protective masks during the morning commute in New York.
Photographer: Michael Nagle/BloombergThis article is for subscribers only.
The scale of global job losses caused by the coronavirus pandemic will become more apparent this week, as some of the world’s biggest economies release labor market data.
After last week’s report showing an historic jump in U.S. jobless claims, all eyes will be on next Friday’s payrolls data for more signs of the hit to employment -- with most expecting the worst reading in a decade.