The number of people working part-time hit a 21-year low. Transportation and warehousing have three-quarters of a million new positions. Wages, overall, continue to rise, and there is no indication that companies are cutting hours. Inflation at 40-year highs is doing little to staunch consumer fears of a downturn. Jay Baker isn’t stressed over a … Read more
Net employment surged 60,600 in May from April when it edged up just 4,000. That far surpassed market forecasts of a 25,000 rise and brought gains for the year to 386,100. The jobless rate held at 3.9% in May, but only because the participation rate unexpectedly jumped to a record high. The Reserve Bank of … Read more
US employers added more jobs than expected in May. The unemployment rate held at 3.6% for the third month in a row but was the slowest increase in a year. The soundness of the work market on the planet’s biggest economy is firmly looked as quick rising costs raise fears of future slump. Lately, a … Read more
Canadians paid 6.8 percent more for goods and services in April than the previous year, owing primarily to higher food and housing costs, according to the government statistical agency on Wednesday. This was a slight increase from the previous month, but analysts predict that prices will continue to rise, as will the central bank’s key … Read more
Emmanuel Macron’s friends have warned against complacency in the French presidential election, despite polls showing him ahead of far-right contender Marine Le Pen. “The game isn’t over and we can’t conclude that this election is already decided,” Jean Castex, the French prime minister, said French radio five days before Sunday’s second round runoff. “We must … Read more
The UK’s cost of living problem entered its fourth month in February, despite a rise in earnings and a drop in unemployment to a record low of 3.8 percent. There was a 6.2 percent increase in the Consumer Prices Index, but the Office for National Statistics found that average earnings growth of 5.4% – including … Read more
Simran Snigdha was begging when a chance encounter helped get her off Bangladesh’s streets and realise her artistic dreams, one of a growing number of trans-people securing formal employment, as the government boosts support for the marginalised community. The Muslim-majority country’s roughly 1.5 million transgender people have long faced discrimination and violence. Kicked out from … Read more
President Arif Alvi on Tuesday said steps are being taken to promote professional and skill-based education in the country to help provide employment to the youth. He was talking to a delegation of Professional Education Foundation (PEF) led by its chairman Hafeez-ul-Haq in Islamabad. The president underscored the need for promoting virtual education which is … Read more
KARACHI: Site Association of Industries (SAI) president Abdul Rasheed rejected the Sui Southern Gas Company’s (SSGC) imprudent decision to suspend gas supply to all non-export general industries and demanded the gas utility to carry out staggered gas holidays along with better load management, which would help the non-export general industries to continue to run according … Read more
KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) president Mian Nasser Hyatt Maggo has expressed astonishment at the purchase of liquefied natural gas (LNG) at the rate of $30.6/MMBTU and said that this rate will destroy the fuel supply safety and foreign exchange reserves of the country, a statement said. Welcoming the visit … Read more
BEIJING: Handing over a piping hot meal at exactly the time promised, Chinese food delivery driver Zhuang Zhenhua triumphantly tapped his job as complete through the Meituan app — and was immediately fined half of his earnings. A glitch meant it inaccurately registered him as being late and he incurred an automatic penalty — one … Read more
BUENOS AIRES: The Argentine government launched a training program for young people, aiming to give them equal access to jobs in the software and related sectors. The program plans to train 60,000 young people by the end of the year. “Young people have historically been the protagonists of change in Argentina,” President Alberto Fernandez said … Read more
ISLAMABAD: Hazara Women’s Chamber of Commerce and Industry (HWCCI) founder president Ferdowsia Fazal has been nominated as the women coordinator (North Zone) for representing women in the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), a statement said on Tuesday. The FPCCI platform will play its due role in alleviating problems of the business … Read more
The Government of Australia has said that it has fixed $859 million in its COVID-19 bases budget; adding that the amount will be spent to create employment opportunities. According to the details, the step has been taken in hopes of getting the COVID-19 vaccine by next year. Treasurer Josh Frydenberg said a vaccine was a … Read more
Secretary Industries & Trade Captain (R) Muhammad Zafar Iqbal presided over a meeting today and reviewed DG Khan development Package. Secretary Industries while addressing the meeting held at Civil Secretariat said that a comprehensive plan for the economic development of Dera Ghazi Khan has been chalked out for a population of 451,000 in DGK. [embedpost … Read more
India faces severe employment crisis as jobless rate in the extremist Modi regime rises to 7.78%, highest in 4 months said Centre for Monitoring Indian Economy. Reuters reported that India faces severe employment crisis as jobless rate in the extremist Modi regime rises to 7.78%. India’s economy expanded at its slowest pace in more than … Read more
Female labor force participation levels in Arab countries are the lowest in the world—despite the rising educational attainment of women reaching working age. Indeed, young women across the Arab world exceed the education levels of young men, who are worrisomely falling behind. Remedying the under-representation of Arab women in the labor force and reviving the … Read more
Prime Minister Imran Khan addresses in Islamabad here on Wednesday (Today). PM Imran said that I welcome the Chinese companies to invest in Pakistan. Glad that now the tyres will be made in Pakistan also. According to the details, PM addressed a ceremony in Islamabad, saying that we are glad to announce that tyres will … Read more
Sindh cabinet on Wednesday approves job quotas for transgender in all government departments. A meeting under the presidency of Chief Minister Sindh Murad Ali Shah was held. Sindh Cabinet approves setting job quota of 0.5% in all government agencies for the transgender community. During the meeting, Murad Ali Shah said that he wants to bring … Read more
