JOBS

he preliminary review, released on Wednesday, revealed that there were 818,000 fewer jobs in March 2024 than originally estimated. This marks the largest downward revision to employment figures since 2009.

The funding will be used over five years for a package of five schemes and initiatives to "facilitate employment, skilling and other opportunities" for more than 40 million young people, finance minister Nirmala Sitharaman said in her annual budget speech.

The U.S. economy added more jobs than projected in May, but the unemployment rate topped 4% for the first time in nearly 18 months.

US private sector hiring came in well above expectations last month, payroll firm ADP said Wednesday, with construction, financial services and manufacturing all contributing to the increase.

In 2024, 95% of American workers are looking for new jobs, citing reasons like the need for higher income and concerns about the tough job market.

In February, the U.S. added 275,000 jobs, yet the unemployment rate also rose slightly, raising questions about the dynamics at play.

The NIRS report highlights Americans' strong desire for pensions to address retirement anxiety.

Economists and recruiters attribute job seeker angst to factors like the "great resignation" and businesses' recession fears.

The U.S. economy opened 2024 with a robust labor market, adding 353,000 jobs in January and maintaining a 3.7% unemployment rate.

Private sector hiring in the United States slowed more than anticipated this month, according to data Wednesday from payroll firm ADP, following efforts to cool the world's biggest economy and tame inflation.

Despite positive economic indicators, the recent surge in layoffs suggests a nuanced interplay between workforce dynamics and corporate strategies.

Navigate layoff anxiety by separating fact from fiction to building resilience amid economic uncertainty.

League of Legends maker Riot Games said Monday it will cut around 530 jobs worldwide, describing the layoffs as "a necessity."

Artificial intelligence raises serious concerns for jobs but it will also create new positions, the head of Adecco, the world's biggest temporary staffing agency, said.

The U.S. economy generated 216,000 jobs in December 2023, outpacing expectations and sending a strong signal of a safe landing.

Asian markets fell Wednesday in line with a sell-off across most of the world as traders took their cash off the table after a blockbuster end to 2023, with eyes now on the release this week of Federal Reserve minutes and US jobs data.

Wall Street expects the U.S. economy to have created somewhere between 160,000 and 185,000 jobs in November, based on two forecasts published by Trading Economics.

Job openings declined in October, to 8.7 million from 9.35 million in September, the Bureau of Labor Statistics (BLS) reported Tuesday.

Hiring in the US private sector rebounded in October, with education and health care creating the most jobs, payroll firm ADP said Wednesday.

A labor market report to be released this Friday by the U.S. Bureau of Labor Statistics (BLS) will show that the U.S. economy added jobs at a slower pace in October and that the unemployment rate remained steady.

The number of jobs in the city rose to a record level in September.