Job Market / Wages

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US economy gained 223,000 new jobs last month

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The US economy added 223,000 new jobs last month, according to the latest Labor Department report. However, wages remained flat, a sign that consumer spending...
Ikea

Ikea increasing minimum wage to $10 per hour

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Ikea is increasing the minimum wage of its workers next year to $10 per hour. The company announced the news on Wednesday. It said that...
ceo

Whitebread names Alison Brittain as new chief executive

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Whitbread has named Alison Brittain as its new chief executive. Brittain, a top executive at Lloyds, is set to become one of the few female...
Business Finance

US small business owners gained confidence in April

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US small business owners gained confidence in April, according to a report released Tuesday. Hiring activity also increased and most were bullish about capital expenditure...
Five Pound note (sterling).

Pay increases to slow down in UK to 1.8% from 2%, says new report

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Pay increases, excluding bonuses, are expected to slow down over the next twelve months to 1.8% from 2% during the previous three months, says...
jobs

US economy added 223,000 jobs in April, unemployment rate at seven-year low

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The US economy added 223,000 non-farm payroll jobs during April and the country's unemployment rate dropped to a near seven-year low of 5.4 percent....
jobs

US job growth recovers, unemployment at seven-year low of 5.4 percent

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Job growth in the US rebounded in April, with the country’s unemployment rate dropping to almost a seven-year low of 5.4 percent. The results quelled...
Siemens

Siemens cutting a further 4,500 jobs

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Siemens announced plans to shed a further 4,500 jobs - about 1 percent of its global workforce. The firm said that 2,200 jobs would be...
jobs

UK unemployment rate down to 5.6%

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The jobless rate in the UK has dropped to 5.6%, according to the latest official figures released by the Office for National Statistics. The...
job market

US only gained 126,000 jobs in March, smallest increase since December 2014

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According to a Labor Department report, the US economy only gained 126,000 jobs in March, marking the smallest number of jobs added since December...