General Motors (GM) is poised to announce next week major electric-vehicle investments in Michigan, with plans to spend $6.5 billion and create up to 4,000 new jobs at two plants.
The India’s Union Budget is expected to focus on employment generation, increase in limits for basic tax exemption, standard deduction, medical expenses, rationalisation of tax rates and certain social security investments.
US job growth was likely the smallest in nearly two years in November as mounting worries of a recession cooled demand for labour, which could give the Federal Reserve confidence
The US employers added a robust 379,000 jobs last month, the most since October and a sign that the economy is strengthening as confirmed viral cases drop, consumers spend more and states and cities ease business restrictions.
The number of Americans filing new claims for unemployment benefits dropped to a one-year low last week as economic activity rebounds after weather-related disruptions in February.
Turkey’s economy grew 5.9 per cent in the fourth quarter and 1.8 per cent in 2020 as a whole, annual data showed on Monday, emerging as one of only a few globally to avoid a contraction due to the pandemic.
Canada lost far more jobs than expected in January, with the declines driven by coronavirus lockdowns in populous Ontario and Quebec, while the unemployment rate rose sharply, Statistics Canada data showed.
Companies with 50 or more employees are targeted to raise their Emiratisation rate by 2% of their overall skilled jobs. Fines for failure to achieve the Emiratisation target will come into force on Jan.1, 2023, as an Dhs72,000 annual contribution will be imposed for every UAE national not appointed.
In a fresh study, the UN's International Labour Organisation (ILO) found that a full 8.8 per cent of global working hours were lost in 2020, compared to the fourth quarter of 2019.
Seven months before he faces a critical test from voters in the midterm elections, President Joe Biden is turning his focus to kitchen-table issues as he struggles to get credit for a recovering economy. Since Biden took office last year, job growth