Search result for employment
Strong U.S. employment statistics suggests the Federal Reserve will continue to tighten monetary policy, boosting the dollar.
On Thursday, the dollar gained ground as data showed rising labor costs and unemployment claims indicated the U.S. job market was still strong, both of which suggest the Federal Reserve needs to continue increasing interest rates to tame inflation.
As the market anticipates the Fed will...
Unemployment due to brain disease, spine cancer associated with increased pain, and depression: A study
According to one study, those who are out of work due to brain or spine cancer may have more acute pain, discomfort, concern, and sadness than people with the same conditions who are working. "The financial consequences of receiving a cancer diagnosis can be significant, affecting a person...
In September, businesses increased employment by 208,000
As of last Wednesday’s, release of ADP's monthly poll, private employers had added 208,000 new positions.
This follows August's 132,000, which was somewhat higher than anticipated. Meanwhile, annual salary growth was recorded at 7.8 percent.
Trade, transportation...
The beginning of the fourth quarter will be dominated by global earthquakes and employment data
There is a great deal of worry surrounding the markets and the global economy as we begin the first working week of the fourth quarter.
The U.S. market concluded the third quarter on a downturn, down about 25% year-to-date as measured by the S&P 500. The new British prime minister, ...
August saw a 315K job increase, and the unemployment rate increased to 3.7%.
The Labor Department reported on Friday that employers added 315,000 jobs in August, which was in line with predictions but a significant decrease from July.
This figure is compared to the revised 526,000 jobs that were added in July, which was more than double the anticipated amount. P...
4 million Americans of working age are prevented from finding employment because 16 million of them have long-term COVID
According to a recent research, between 2 million and 4 million Americans are being kept out of work because to long COVID-19, costing the country roughly $170 billion in lost income yearly.
According to a survey from the Brookings Institution, 16 million Americans who are considered to...
Galway City has been chosen as the location for a technology centre by Signify Health
Signify Health (NYSE: SGFY), a leading U.S. value-based medical framework that utilises advanced analytics, new tech, and countrywide healthcare provider networks, announced today the opening of a new technology centre in Galway that will create over 125 new technology innovation jobs over the ne...
The Pandemic Drives Long-term Unemployment in Thailand
On Tuesday, the National Statistical Office of Thailand announced that the number of unemployed people for more than a year has risen sharply since the start of the Covid-19 pandemic in January 2020.
The director of NSOT, Piyanuch Wutthisorn, said that the long-term group of unemployed ...
New measures introduced in Singapore to ease manpower challenges
The Ministry of Manpower has announced new measures on October 30 in order to ease the manpower challenges in the marine shipyard, construction and process sectors in Singapore.
Highlights
- New measures have been introduced to ease the manpower cha...
US ECONOMY ADDED 559,000 JOBS IN THE MONTH OF MAY
Highlights
• As the rise is number of jobs added is almost double, the unemployment rate went down from 6.1 percent to 5.8%.
• the Thursday's Labor Department report said that number of people filing for unemployment claims went down to 385,000
Accordin...
JAPAN’S UNEMPLOYMENT RATE ROSE TO 2.8 PERCENT IN APRIL
Highlights –
- Japan’s unemployment rate rose to 2.8 percent in April.
- The jobless rate in March climbed from 2.6 percent mark.
- Accommodation and restaurant services lost 200,000 workers.
- The gender gap in the jobless r...
AUSTRALIA’S UNEMPLOYMENT RATE DECREASED BY 5.6 PERCENT
Highlights:
- The unemployment rate in Australia has been dropped by 5.6 percent as the recovery is strengthening
- According to the latest data, the unemployment rate has been dropped to 5.6 percent in March 2021
The unemployment rate i...
S. KOREA REPORTS INCREASE IN NUMBER OF EMPLOYED PEOPLE IN MARCH
Highlights –
- S. Korea reports increase in number of employed people in March.
- The country saw numbers of employed people reach 26.9 million.
- The unemployment rate also rose 0.1% point on-year to 4.3 percent last month.
- Temp...
916,000 JOBS WERE ADDED IN U.S. IN MARCH, UNEMPLOYMENT RATE PLUNGES BY 6%
Highlights
• This surge in jobs is a result of increased vaccinations and lesser curbs on businesses
• The Labor Department report said nonfarm payrolls went up by 916,000 in March and February unemployment was revised up to a 468,000 gain
• As per the...
US WEEKLY JOBLESS CLAIMS FALL TO A ONE-YEAR LOW
Highlights
• This fall indicates that the economy is improving and one of the major reason behind this is vaccinations
• The Labor Department report showcased that 18.953 million people were still receiving unemployment checks in early March
According to a ...
US UNEMPLOYMENT CLAIMS GO UP TO 770,000 AS LAYOFFS REMAIN HIGH
Highlights
• According to the report released by the Labor Department on Thursday, the jobless claims went up to 770,000 from 725,000 the week before
• The average of four weeks claims plunged to 746,000, which is the lowest since late November
• The L...
UNEMPLOYMENT RATE IN AUSTRALIA DROPPED BY 5.8%
Highlights:
- The unemployment rate in Australia has been dropped by 5.8 percent as the recovery rate strengthens
- The employment in the country has been increased by 88,700 in the month of February 2021
In the month of February 2021, t...
US ECONOMY ADDED 379,000 JOBS IN FEBRUARY
Highlights
• The speed of hiring last month was exceptional as compared to January and also the strongest since October
• According to several economists, what the country is currently seeing is broad, slow gains and it is consistent with a slow reawakening of the la...
S. KOREA’S RESTAURANT AND HOTEL WORKER NUMBERS DROP IN JANUARY
Highlights –
- S. Korea’s restaurant and hotel worker numbers drop in January.
- In January, the number of workers stood at 1.05 million.
- The country’s travel sector saw a decline of 69,000 workers.
- Data showed that...
US UNEMPLOYMENT CLAIMS GO UP TO 861,000
Highlights
• The Labor Department on Thursday said that applications from laid-off workers jumped 13,000 from the previous week, which was revised sharply higher
• Before the first case of the virus was reported in the month of March last year in the United Sta...