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Surprise US job surge lifts employment back to pre-COVID levels

06 Aug 2022

The US jobs market grew much faster than expected in July, lifting employment back to pre-pandemic levels, in news welcomed by President Joe Biden as he faces tough midterm...

World lost equivalent of 255 million jobs in 2020, says UN study

25 Jan 2021

The coronavirus pandemic took a huge toll on global jobs last year, the United Nations said on Monday, with the equivalent of more than a quarter of a billion...

10% of UAE firms to reduce salaries and 30% to cut staff, reveals Survey

19 Oct 2020

Gulf Today, Staff Reporter According to the 2020 UAE Total Remuneration Survey (TRS) by Mercer, the direct impact of COVID-19 on the compensation and benefits landscape is less...

UK unemployment climbs to 4.1% on virus fallout

15 Sep 2020

Britain's unemployment rate jumped above four per cent in July on economic fallout from the coronavirus pandemic, official data showed on Tuesday. The rate grew to 4.1 per cent...

Lockdowns after coronavirus give a major boost to e-commerce

30 Aug 2020

While large traditional retailers announce big lay-offs because of the pandemic, sometimes shedding thousands of staff, coronavirus lockdowns have in contrast given e-commerce a major boost. Recent data shows...

Sri Lankan expats find new job opportunities in UAE, says ambassador

16 Aug 2020

Although a very small percentage of the Sri Lankan population in the UAE wanted to go back home due to the present health situation, many among them changed their...

Abu Dhabi Police warn of fraudulent employment ads

09 Aug 2020

The Abu Dhabi Police have warned job seekers about fraudulent employment ads on the Internet and those impersonating famous companies, which is a telephone hoax that recently emerged as...

Airline giant IAG logs €3.8 billion loss on coronavirus

31 Jul 2020

Airline conglomerate IAG, the owner of British Airways, on Friday posted a first-half net loss of €3.8 billion ($4.5 billion) due to the "devastating" impact of coronavirus. The group,...

Indian national wheelchair cricketer turns labourer in lockdown

30 Jul 2020

A player for India's national wheelchair cricket team has been forced into work as a manual labourer as millions across the country are left jobless by the coronavirus pandemic....

Boeing reports big loss, hints at more job cuts

29 Jul 2020

Boeing reported a bigger-than-expected loss Wednesday and said it would further trim its plane production because of weak demand in the wake of the coronavirus pandemic. The aerospace giant...

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