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If there is one category of people who have suffered a sledgehammer like blow to their lives because of the coronavirus pandemic, it is workers. Hundreds of millions of jobs...
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...
Virgin Atlantic announced plans for 1,150 more job cuts due to the coronavirus crisis, saying its 1.2 billion pound ($1.6 billion) rescue deal alone was not enough to secure its...
US job growth slowed further in August as financial assistance from the government ran out, threatening the economy’s recovery from the COVID-19 recession. Government hiring for the 2020 Census accounted...
US businesses saw a modest increase in activity and employment generally increased through late August, a Federal Reserve report showed, but economic growth remained sluggish in some parts of the...
World food prices rose for a third straight month in August, led by coarse grains, vegetable oils and sugar, the United Nations food agency said on Thursday. The Food and...
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...
US asset manager Vanguard Group will close its Hong Kong and Japan operations and cut jobs across both locations as it shifts its Asian headquarters to Shanghai, it said. The...
The US central bank rolled out a major policy change on Thursday that gives greater weight to its mission of maximising employment to benefit lower income families, while ratcheting back...
American Airlines said on Tuesday it would eliminate 19,000 jobs in October as it struggles with a sharp downturn in travel because of the pandemic. Flight attendants will bear the...
