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US employers added a substantial 4.8 million jobs in June, and the unemployment rate fell to 11.1%, as the job market improved for a second straight month, yet still remained...
Airbus was finalising an imminent restructuring plan expected to include thousands of job cuts on Monday as its chief executive confirmed plans to hold output down by 40% for two...
Tanvir Usman, Staff Reporter Pakistan government has launched an initiative to facilitate all those who have lost their jobs abroad amid coronavirus crisis. The move is in line with...
World stocks inched higher on Monday, adding to a 42% surge from their March lows, as a surprise jump in last week’s US employment data fuelled hopes of a quicker...
Bashar Ali Naim used to work in a perfume and accessories store in Baghdad, earning $480 per week on average. About three months ago, the coronavirus outbreak swept into...
Ahmad Al Mostafa can't afford milk for his baby daughter. A Syrian refugee, he has barely been able to feed his family since Lebanon sank into economic crisis last...
ON CORONAVIRUS COVID-19 is making everybody pay, but it is making the poor pay more. Weeks ago an Angolan broke all the rules of lockdown. He left us stunned,...
The number of Americans filing for unemployment benefits because of the coronavirus has soared past 30 million, worsening a crisis unmatched since the 1930s and turning up the pressure on...
Eric Lewis, The Independent Welcome to the twilight of late capitalism. The shutdown has now been ongoing, erratically and incompletely, for about six weeks in the United States. In the...
Japan may see new hirings slow and job losses increase, particularly among service-sector firms struggling to cope with the intensifying pain of the coronavirus crisis, according to an analysis of...