White House officials said the Biden administration would impose a massive tariff increase on Chinese electric vehicles in an announcement on May 14.
Initial jobless claims in the US have surged to their highest level since August 2023, indicating potential challenges in the strong labor market. Employers are increasing layoffs despite recent positive hiring trends.
US private sector jobs in April rose by 192,000, surpassing expectations and indicating a strong job market, but annual salary growth in some industries is still low.
Amazon's Stefano La Rovere challenged the notion that technology displaces jobs, citing that robotics and AI have created new job categories and improved working conditions for employees.
US job openings edged up in February, signaling labor market resilience amidst easing. The finance sector saw gains, layoffs rose.
A recent survey found that 95% of Americans expressed intentions to seek new employment opportunities in 2024.
A recent report by Payscale reveals that one in three companies is shifting away from requiring a college degree for salaried positions.
Middle managers are at risk of being laid off when companies resort to layoffs to save money.
Besides 12 million jobs, China will also increase defense, technology, and science efforts.
Here's what you need to know about unemployment benefits.
The job placements and vacancies for Info-Tech sectors are now unclear to the economy's eye.
French government offered an old nuclear plant site for Tesla to build its electric car manufacturing facility. The plant site is shutting down and Tesla’s existence could help support local residents with jobs.
Qatari media network Al Jazeera is announcing its plan to cut 50 jobs as a part of an optimization initiative. As a partly state-funded company, Al Jazeera is impacted by the slump in oil prices, which is the country’s main sector.
Egyptian-Chinese industrial zone in Ain Sokhna may attract $5 billion investments. About 100 companies are expected to set up their operations in the zone paving the way for creation of employment opportunities for about 30,000 people.
South Africa's unemployment rate drops to 24.5% in the fourth quarter due to increased employment in the finance industry which offsets job losses in agriculture and construction sector. But with the major sectors laying off jobs, and the cost cutting of the government will sure make the unemployment rate will rise again.
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