unemployment


US Economy Beats Expectations With 199,000 Jobs Added In November

Markets - Published date: .

The US economy added 199,000 new jobs in November, exceeding market expectations of 180,000. Read more

BoE's Greene: Monetary Policy Will Need To Be Restrictive 'for An Extended Period'

Markets - Published date: .

The Bank of England’s newest Monetary Policy Committee member Megan Greene said monetary policy will need to be rest... Read more

Amazon Job Cuts Hit Staffers In Grocery, Robotics, Payments, AWS Divisions

Banking - Published date: .

Amazon announced job cuts of around 18,000 employees last month, and those who lost their jobs were from various divisio... Read more

Online Marketplace OLX To Slash Over 1,500 Jobs Globally, Including India

Banking - Published date: .

Joining the mass layoff season, online marketplace OLX Group is slashing 15% of its workforce, or more than 1,500 employ... Read more

3M Plans To Cut 2,500 Jobs Globally As Outlook Signals More Turbulence

Banking - Published date: .

3M shares dropped as much as 4.7% before the start of regular trading in New York Read more

Google Pauses Green Card Applications From Employees Amid Layoffs

Banking - Published date: .

Amid the layoffs come another bad news for employees, especially from India in the US, as Google has paused its Program ... Read more

Ugly Truth Of Layoffs: Firms Invest Huge Resources To Rebuild Workforce

Banking - Published date: .

'Understaffing isn't always a result of management short-sightedness' Read more

Global PC Demand Down Amid Recession Fears, Steepest Decline Since Mid-90s

Banking - Published date: .

For the entire year, PC shipments reached 286.2 million units in 2022, a 16.2 per cent decrease from 2021 Read more

Google Staff Braces For A Cost-cutting Drive As Budgetary Anxiety Mounts

Banking - Published date: .

A letter signaled how some Google employees are increasingly interpreting recent management decisions as warnings that t... Read more

Vedantu Gives Pink Slips To 385 Employees In 3rd Round Of Layoffs This Year

Banking - Published date: .

It has sacked over 1,100 employees, so far, amid funding winter Read more

Facebook Parent Meta Slashes Workforce By 11,000, Zuckerberg Takes Blame

Banking - Published date: .

Meta CEO Zuckerberg says post-Covid scenario didn't meet expectations Read more

World's Grounded Pilots Swamp Recruiters In Desperate Effort To Get Jobs

Banking - Published date: .

Job applications from down-on-their-luck aviators, from Brazil and Mexico to Canada and Europe, have jumped at least 30-... Read more

Joblessness A Bigger Worry Of Urban Indians Than Covid-19: Survey

Banking - Published date: .

Despite unemployment being their biggest worry, 68 per cent urban Indians are optimistic that the country is moving in t... Read more

Cash-hungry Indian Companies Are Selling Shares At Record Pace

Banking - Published date: .

Companies are seeking to prepare themselves for what's forecasted to be the economy's first contraction in four decades Read more

Record Jobs Gain Of 4.8 Million In June Smashes Expectations; Unemployment Rate Falls To 11.1%

AMERICA - Published date: .

Another big contributor to the decline of the jobless rate was a plunge in those on temporary layoff. That total fell by... Read more

17.6 Million Unemployed Americans Probably Won't Return To Their Pre-pandemic Jobs

AMERICA - Published date: .

The share of the workforce currently out of work with no reasonable chance of returning to their jobs is about 11%, or a... Read more

June Private Payrolls Rose 2.37 Million And There Was A Big Positive Revision For May, ADP Says

AMERICA - Published date: .

Private payrolls grew by 2.369 million for the month, a bit lower than the 2.5 million expectation from economists surve... Read more

Total Of Those Receiving Unemployment Benefits Falls Below 20 Million

AMERICA - Published date: .

Jobless claims totaled 1.48 million last week as unemployment related to the coronavirus pandemic remained stubbornly hi... Read more

A Tale Of Two Recessions: Some Americans Thrive As Others Suffer

AMERICA - Published date: .

The recession is playing out much differently across wealth, race and gender divides. Some are bearing the brunt of the ... Read more

Another 1 Million Jobless Claims Show Congress May Need To Extend Extra Benefits Set To Expire

AMERICA - Published date: .

Economists say the latest jobless claims report shows adds weight to calls for the extension of expanded unemployment be... Read more