Tag: jobs

• Tuesday, June 2nd 2020 - 08:51 UTC

  Boeing confirms elimination of 12,000 US jobs, and more in “coming months”

  

  Boeing confirmed it was eliminating more than 12,000 US jobs, including 6,770 involuntary layoffs, as the largest US planemaker restructures in the face of the coronavirus pandemic. Boeing also disclosed it plans “several thousand remaining layoffs” in the coming months but did not say where those would take place.

• Monday, May 4th 2020 - 07:58 UTC

  Bolsonaro's anti confinement rally in Brasilia attracts thousands

  

  Brazil's President Jail Bolsonaro railed against the country's lockdown on Sunday in a speech to thousands of anti-confinement demonstrators as the number of confirmed COVID-19 infections passed 100,000, with more than 7,000 deaths.

• Thursday, April 30th 2020 - 07:28 UTC

  Fed admits public health situation will “weigh heavily on economic activity, jobs and inflation”

  

  The Federal Reserve on Wednesday left interest rates near zero and repeated a vow to do what it takes to shore up the U.S. economy amid an ongoing coronavirus pandemic that will not only “weigh heavily” on the near-term outlook but poses “considerable risks” for the medium term as well.

• Wednesday, March 25th 2020 - 08:56 UTC

  Pandemics: Bolsonaro and governors clash over priorities, the economy and jobs or public health

  

  Brazil's largest city of Sao Paulo began fifteen days of lockdown to fight the spread of the coronavirus on Tuesday. This after Brazil's own president, Jair Bolsonaro, has faced fierce criticism for his blasé treatment to combat the threat, which he describes as a quote “little flu.”

• Thursday, May 23rd 2019 - 09:04 UTC

  British Steel and 25.000 jobs on the brink: waiting for government life line

  

  British Steel, the country’s second-largest steel producer, is on the brink of collapse unless the government agrees to provide an emergency 30 million pound (US$ 38 million) loan, two sources close to the situation said.

• Wednesday, April 17th 2019 - 09:39 UTC

  EU approves rules to protect workers in the “gig economy”

  

  The European Parliament has approved new EU rules to protect workers in the so-called “gig economy”(*). The law sets minimum rights and demands increased transparency for those in “on-demand” jobs, such as at Uber or Deliveroo.

• Friday, January 25th 2019 - 09:42 UTC

  US economy showing best employment numbers in almost half a century

  

  The number of United States citizens filing applications for unemployment benefits fell to more than a 49-year low last week, but the drop likely overstates the health of the labour market as claims for several states including California were estimated.

• Saturday, January 5th 2019 - 08:34 UTC

  US economy ever so strong: 312.000 jobs added in December

  

  The US economy created many more jobs than expected in December, according to the latest government data. Employers added 312,000 jobs, far ahead of predictions of 177,000, the Labor Department said.

• Friday, August 31st 2018 - 09:01 UTC

  Unemployment in Brazil falls slightly in July to 12.3%

  

  Brazil's unemployment rate dipped slightly in July, as expected, extending a slow and bumpy labor market recovery as pivotal presidential elections loom.

• Thursday, August 30th 2018 - 08:29 UTC

  Migrants returning to Venezuela following Maduro's promise of jobs

  

  A group of Venezuelan migrants has returned home from Peru at the expense of Nicolas Maduro's government. Facing an exodus from Venezuela, Maduro had proclaimed his countrymen “won't be slaves to anyone in the world.”