December’s Strong Jobs Report Unlikely To Slow Fed’s Rate Hikes John Hugh DeMastri on January 6, 2023 The U.S. added 223,000 jobs in December, surpassing investor expectations by roughly 20,000…
Former Google CEO Is Quietly Bankrolling Dozens Of White House Jobs Alexa Schwerha on December 22, 2022 Former Google CEO Eric Schmidt helped fund over two dozen Biden administration jobs through…
Major Tech Firms Cut Jobs, Freeze Hiring Thanks To Fears Of Economic Downturn John Hugh DeMastri on November 3, 2022 Ridesharing app Lyft and payment processing startup Stripe informed their…
SAO PAULO (Reuters) – Brazil’s electricity company Eletrobras offered on Friday a voluntary buyout to well over 2,000 people representing roughly 22% of its workforce, in a first major cost…
(Reuters) – Technology companies, crypto exchanges and financial firms are cutting jobs and slowing hiring as global economic growth slows due to higher interest rates, red-hot inflation and an energy…
By Nichola Groom (Reuters) – The number of jobs in the U.S. solar energy industry rose 9% last year to more than 255,000, with most workers employed in installation and…
LONDON -Britain’s unemployment rate held at 3.8% in the three months to May and the number of people in work rose by the most since the middle of 2021, suggesting…
BEIJING – China has completed 59% of its annual target of new urban jobs, with 6.54 million such jobs created during the January to June period, the ministry of human…
‘We’ve Lost Several Hundred Jobs A Day’: Economist Finds Red Flags In Biden’s Positive Jobs Report Jack McEvoy on July 11, 2022 An economist for The Heritage Foundation poured cold…
BERLIN – Millions of workers’ livelihoods in Germany are at stake if Russia decides to cut off gas supplies to the country in the long run, the head of the…
SHEFFIELD: Biden Pops Champagne Corks Over Jobs Report While Forgetting To Mention One Fact Carrie Sheffield on July 8, 2022 President Joe Biden touted Friday’s jobs report as “significant progress”…
ORTIZ: Biden Administration Can’t Spin Jobs Numbers To Deny Recession Alfredo Ortiz on July 8, 2022 President Joe Biden and his allies will point to the labor market to try…
US Economy Smashes Jobs Projections Despite Signs Of Recession Max Keating on July 8, 2022 The U.S. economy added 372,000 jobs in June while the unemployment rate held steady at…
NEW DELHI – India needs to achieve higher economic growth by focusing on exports and expanding production-linked incentives for more sectors to create more jobs, Singapore’s minister Tharman Shanmugaratnam said…
By Valentina Consiglio and Gavin Jones ROME – Italy’s labour market was hit harder than those of most of its European Union peers during the COVID-19 crisis of 2020 and…
LONDON – British employers slowed their hiring via recruitment agencies once again in June as vacancies increased at the weakest rate in more than a year, according to a survey…
(Reuters) – Tesla Inc CEO Elon Musk and an executive at one of his companies had twins last year, Business Insider reported this week, citing court records. It is unclear…
By Niket Nishant and Abhijith Ganapavaram (Reuters) – U.S. mortgage lenders, refinancing companies and real-estate brokers may lay off thousands of employees in the coming months, industry sources said, as…
By Medha Singh (Reuters) – Executives at electric car marker Tesla, drug maker Novartis and retailer Bed Bath and Beyond are cutting spending or jobs while others are shelving projects…
(Reuters) – Real estate brokers Compass Inc and Redfin Corp said on Tuesday they will cut jobs as rising mortgage rates and the prospect of aggressive rate hikes eat into…
LONDON – British employers added staff in May at the slowest pace since early 2021, according to a survey that adds to signs that the labour market is losing some…
By Gayatri Suroyo and Stefanno Sulaiman JAKARTA – Indonesia’s parliament is set to revisit a contentious Job Creation law to comply with a court order to fix procedural flaws during…
(Reuters) -Amarin Corp Plc said on Monday it would cut its workforce by 40%, as the drugmaker’s fish-oil derived heart drug faces stiff competition from generic rivals in the United…
‘A Source Of Concern’: Jobs Growth Stalls, Unemployment Rises In May Thomas Catenacci on June 3, 2022 The U.S. economy added 390,000 jobs in May while the unemployment rate was…
MADRID – Activity in Spain’s services sector slowed down in May though companies created jobs at the fastest rate in almost a year as companies’ capacity is stretched, a survey…