Alphabet, the parent company of Google, has announced cutting 12,000 jobs, even as other major big tech companies did the same, with Amazon cutting 18,000 jobs, Meta, the parent company of Facebook, cutting 11,000 and Microsoft 10,000. The job losses in these companies are all in the United States, confirming that 2023 is
The new insurance scheme aims to provide protection for employees in the privet sector and the UAE’s federal government by providing them with a cash compensation for a limited period.
Subscription to the Unemployment Insurance Scheme starts on Jan.1, fees depend on employee’s basic salary; 3-month cash cushion for terminated staff.
Britain’s unemployment rate rose by more than expected to 4.5% in the three months to August, its highest in more than three years, even before the end of the government’s broad coronavirus job protection plan.
The number of Americans filing new claims for unemployment benefits fell more than expected last week as companies held onto their workers amid a growing labour shortage that helped to curb job growth in April.
US employers boosted hiring in May as the easing pandemic, helped by vaccinations, pulled more people back into the labour force, offering assurance that the economy’s recovery from the COVID-19 recession remained on track.
Britain’s unemployment rate fell again to 4.8% between January and March, when the country was under a tight lockdown, and hiring rose further in April, according to data that showed employers gearing up for the easing of curbs.
The COVID-19 pandemic in the United States has left millions of people struggling to make ends meet. Massive government spending, especially the stimulus cheques, has provided crucial relief. But the checks are just a band-aid
The second Covid wave, deadlier than the first, is showing signs of abatement. But it is too early to relax. The death rate remains high. Experts say a third wave is sure to come. They had warned of the second wave six months in advance. The authorities failed