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.
Amazon's layoffs within its AWS division prompt inquiries into the potential implications for the company's trajectory and competitiveness in the tech industry.
Insights from a comprehensive survey spanning nine countries reveal widespread financial stress and retirement challenges globally.
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.
Canada Goose announces a 17% reduction in its corporate workforce amidst retail hardships.
In February, the U.S. added 275,000 jobs, yet the unemployment rate also rose slightly, raising questions about the dynamics at play.
February saw a record-breaking 84,638 job cuts, prompting questions about the influence of artificial intelligence on the surge.
Job gains in the US private sector picked up in February, payroll firm ADP said Wednesday, a sign that could give the Federal Reserve some pause as it mulls the timing of interest rate cuts.
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.
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.
The global unemployment rate will increase slightly in 2024, the United Nations said Wednesday as it raised concerns about stagnant productivity, worsening inequalities and inflation biting into disposable income.
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.
The number of workers filing for unemployment benefits was little changed last week, showing the resilience of the U.S. job market.
In a possible prelude to the 2024 Presidential election, President Joe Biden delivered his economic plan, as he laid out his case for a second term in the White House.
Nevada saw the highest unemployment rate in May at 5.4% similar to April, followed by the District of Columbia (5.1%) and California (4.5%), according to statistics released by the bureau on June 16.
The latest figures show that the labor market remains strong despite banking sector upheaval.
The U.S. economy added 517,000 jobs in January, far exceeding economists' expectations of 187,000, while the unemployment rate fell to 3.4%.
Pete Buttigieg believes President Joe Biden's and the Biden administration are doing a good job when it comes to economic policies.
The U.S. job market is still red hot, despite attempts by the Fed to try and forcibly cool things down.