Browsing Tag

employment

The unemployment rate in the United States rose three tenths in May, up to 3.7 %, despite the fact that 339,000 new jobs were created, according to data published by the Labor Department. However, the unemployment rate in the US still remains within the range of 3.4 % and 3.7 % in which it has been…
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Amazon announces 9,000 job cuts

The reduction of jobs in technology companies continues. In this case, it is Amazon, which announced on Monday a cut of 9,000 jobs on its payroll. According to the CEO of the company, Andy Jassy, ​​the new wave of layoffs will take effect…

Unemployment in the US fell in December

The unemployment rate in the United States (USA) fell two tenths last December, to 3.5%, and in the last month of 2022 223,000 jobs were created, according to figures published this Friday by the Bureau of Labor Statistics from the US…

California will include salary ranges in offers

California companies with 15 or more employees will be required to include salary ranges in all job offers, according to a law signed this week by the governor of the state, Gavin Newsom. It is scheduled to go into effect in May 2023, …

Labor productivity in Latin America must improve

The International Labor Organization (ILO) raised the need to formulate effective strategies to increase labor productivity in Latin America, given the evidence of a persistent regional lag that compromises the possibilities of a future of…

Bank of England raises rates a quarter point

The Monetary Policy Committee of the Bank of England decided to increase, for the third consecutive time, the reference interest rate for operations by 25 basis points, going to 0.75 %. The decision was approved with votes in favor against…

The pandemic destroyed 125 million jobs

The impact of the pandemic on the labor market will be more severe than initially estimated, according to the International Labor Organization (ILO). It estimates 4.3 % of the hours worked lost worldwide in 2021 compared to the levels in…

UK sets records for job openings

The United Kingdom registered 29.06 million workers in the month of August, which means recovering the level of employment that was observed in February 2020, before the Covid-19 pandemic began to affect the economy of the country,…