Employment law

The newly-elected governor of New York has proposed a state budget that will reduce funding for state operations by 10 percent and potentially layoff almost 10,000 state employees.

BigLaw layoffs have slowed considerably in 2010 compared to the previous year, according to a blog that tracks layoffs at major law firms.

Examples set by the Tunisian protesters are being taken up strongly by several countries suffocated with steep poverty and high unemployment rates.

The British Broadcasting Corporation (BBC) has announced slashing World Service program resulting in loss of 650 jobs and listeners to the tune of 30 million.

Thirty provinces in China raised minimum wages by the end of 2010 as inflation, particular those of food items, surged last year.

Roughly half of bankers in Britain and the United States received increased bonuses for 2010, according to a survey released on Tuesday.

Lowe's Cos Inc is laying off about 1,700 middle managers across the United States, the country's second-largest home-improvement chain said.

The U.S. Supreme Court ruled on Monday that a federal law barring retaliation against a worker for complaints about on-the-job discrimination also protected the employee's relative from unlawful dismissal.

Regis Philbin's decision to “retire” from his television show “Live! With Regis & Kelly” was apparently prompted by financial issues, not by his advanced age.

Jeffrey Immelt’s appointment by President Obama to head his new White House economic council has some labor leaders concerned, given the perception that the boss of General Electric (NYSE: GE) is hostile to the union movement and is committed to outsourcing American jobs to foreign (cheaper) workers.

While it’s true that New York City’s unemployment rate declined to its lowest level in more than a year-and-a-half, it’s primarily due to the troubling reality that increasing numbers of people in Gotham have simply given up looking for work.

As the battle over pension reform in cash-starved cities and states intensified, the Mayor of New York City fired another salvo by threatening municipal unions with huge layoffs if they don’t cooperate with his sweeping proposals to overhaul the system.

A new Executive Order by US President Barack Obama has laid down regulatory measures on Tuesday to promote the country's economic growth and foster job creation while protecting the health and well-being of Americans throughout effective regulations.