US hiring slowed in July as the coronavirus outbreak worsened, and the government’s jobs report offered signs that the economic damage from the pandemic could last far longer than many observers originally envisioned.
A 27-year-old woman, who tried to end her life as she was upset due to job loss and marital discord, was saved in a nick of time by a patrolling team from NRI (non-resident Indian) coastal police station.
Emirates Group is planning to cut about 30,000 jobs to reduce costs amid the coronavirus outbreak, which will bring down its number of employees by about 30 percent from more than 105,000 at the end of March.
The US government reported more catastrophic economic fallout from the coronavirus crisis on Friday as the pandemic pierced the very walls of the White House and California gave the green light for its factories to restart after a seven-week lockdown.
Iran’s Ministry of Industry says nearly 1,200 ailing or closed factories were revived over the past calendar year (ended March 19) as the government seeks to diversify the economy away from oil and create more jobs in the country.
South Korea's jobless rate remained flat at 3.4 percent in December, but Asia's fourth-largest economy reported a stronger-than-expected job growth last month with job additions coming to 516,000, data showed Wednesday.
Tata Steel Ltd. plans to cut as many as 3,000 jobs across its European operations to cut costs in the latest blow to the region’s industry, with the move coming amid a heated general election campaign in the UK.