Job Market / Wages

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...
job market

US jobless claims fell last week, indication a strong labor-market

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Fewer Americans are filing applications for unemployment benefits, with the number of jobless claims dropping last week - an indicator that the labor-market is...
Shell

Shell cuts hundreds of jobs in North Sea to manage increasing costs

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Shell UK announced that it will cut 250 jobs in its North Sea operations this year. The move is part of the oil giant's plan...
stressed woman

Number of women on FTSE boards has more than doubled

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The UK’s largest companies are on track to having women account for 25% of boardroom members. The report, by former banker Lord Davies, reveals that...
rsz_mcdonalds_min

McDonald’s working conditions are unsafe, employees claim

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McDonald's employees across 19 cities in the United States said on Monday that they have filed 28 health and safety complaints with regulators. They claim...
Five Pound note (sterling).

IFS says real income in the UK is still below pre-crisis levels

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Household incomes in the UK have bounced back to around the same levels as before the 2008 financial recession. However, living standards in the UK...
Five Pound note (sterling).

UK minimum wage should be increased to £6.70 an hour, urges LPC

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The Low Pay Comission (LPC) has urged ministers to raise the UK minimum adult wage by 3%. The LPC called on the UK government to...
CIBC

CIBC confirms layoffs, more than 500 jobs affected

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CIBC, one of Canada's chartered banks, and the fifth largest by deposits, said that is going to "selectively reduce a number of positions.” The...
tim hortons

Tim Hortons lays off 350 employees across Canada

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Around 350 Tim Hortons employees lost their jobs this week because of a new job cutting round at the company’s regional offices and headquarters. According...
IBM sales

IBM dismisses claims by Forbes that it will be cutting 112,000 jobs

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IBM has dismissed claims made by a Forbes article that said the tech giant will be cutting as many as 112,000 jobs (around 26%...