Tag: unemployment
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Eli Lilly to trial use of weight loss drugs to combat unemployment in U.K.
LONDON — U.S. pharmaceutical giant Eli Lilly is exploring whether obesity drugs could be used to curb joblessness after signing a major investment deal with the U.K. The weight-loss treatment firm and creator of Zepbound announced Monday that it would commit £279 million ($364 million) to help tackle Britain’s significant health challenges — including obesity. The “strategic…
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China’s youth unemployment hits fresh high amid economic slowdown and restrictive hiring policies
China’s youth unemployment rate in August rose to the highest level since the new system of record-keeping began in December, driven by an economic slowdown and restrictive hiring policies, according to analysts. The jobless rate for people in China ages 16 to 24, and not in school, rose to 18.8% last month, data from the National…