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Jobs
The jobs report, unemployment, payrolls and the labor market.
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India’s GCCs offer AI professionals salaries of up to Rs 1.08 crore: ReportIndia's Global Capability Centres are increasingly shifting towards AI-led operations, with AI architects earning up to Rs 108.6 lakh annually. A TeamLease Digital report highlights salary premiums for AI skills, rising generative AI… -
RUTH SUNDERLAND: Labour must tackle the cost-of-hiring catastropheThe country has spent years talking about the cost-of=living crisis. The obsession is such that it has its own irritating Gen Z slang label, Cozzie Livs, which is not only annoying but also trivialises a serious problem. In Wednesday’s… -
BOK: AI, Semiconductor-Led Growth Deepen Youth Employment Woes[Economy] : The Bank of Korea(BOK) says the quality of youth employment is deteriorating amid an economic growth model centered on semiconductors and the spread of artificial intelligence(AI). In a report released Monday, the central bank… -
Retailers take a targeted approach to seasonal hiring in preparation for historic holiday sales yearThe seasonal hiring rush is in full swing as retail companies shore up for their busy period. According to the National Retail Federation’s latest forecast, holiday retail sales this year are expected to surpass $1 trillion for the first… -
Recent Massachusetts hospital layoffs not reflected in state’s WARN notification systemA wave of layoffs at Mass General Brigham that took effect last week has not been disclosed on the state Department of Labor’s website, as required by state and federal law. The Massachusetts Worker Adjustment and Retraining Notification… -
(EDITORIAL from Korea Herald on Oct. 26)South Korea's planned levy on cryptocurrency income is due to begin on Jan. 1 after three postponements since lawmakers approved it in 2020. With the deadline approaching, the government is again weighing whether to proceed. Another delay… -
Washington Pulls Ahead of California in Reported Layoff WorkersFor most of the year, California has been the state most people would name first when asked where American layoff notices are concentrated. In the latest 90-day window on Layoff Atlas, that is no longer true. Washington now leads the… -
Five States Hold Nearly Two-Thirds of Reported Layoff Workers in Current WARN DataLayoff Atlas's current 90-day WARN window contains 704 notices covering 66,156 reported workers, with 33 counts unavailable. Five states — Washington, California, Illinois, Texas and Ohio — account for 42,755 of those workers, or about 65… - Indian IT Giants Add 14,000 Employees In Q2India's leading IT services companies accelerated recruitment in the September quarter of FY27, with Tata Consultancy Services (TCS), Infosys, HCLTech, Wipro and Tech Mahindra reporting a combined net headcount addition of 13,918…
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What the September Jobs Report Really Changes for Global MarketsOn the surface, this can be considered a clear signal of strong labor market conditions. However, for financial markets, the numbers behind the payroll figure can matter even more. Wages, labor market participation rate, and revisions can… - How to build a successful talent acquisition strategyBy recognizing the importance of a strategic and proactive talent acquisition approach, companies can position themselves as employers of choice. This approach can foster a culture that not only attracts the right candidates but also…
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Carson City unemployment up slightly in September, Reno and Vegas remain steadySeptember unemployment in the greater Carson City and Reno areas was 3.5 percent with Las Vegas at 4.8 percent, according to the latest economic report from the Nevada Department of Employment, Training and Rehabilitation. In August… - Rivian cuts 600 jobs in third layoff round this yearRivian has now cut staff three times in 2026: 140 manufacturing roles in June, a sales and service trim in September, and 600 more jobs this week, even as CEO RJ Scaringe takes on marketing duties himself. RJ Scaringe has taken over…
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Seasonal Layoffs and the WARN Act: When Holiday-Season Cuts Require 60 Days' NoticeThe end of the year is the busiest season on the layoff calendar. The week of November 15 alone has 7,781 workers with scheduled effective dates, and December 20 has 934 workers across three filings. Many are described as seasonal. Does… -
Comcast lost 144,000 broadband customers last quarter, is planning layoffs so AI agents can take over customer serviceOperating income fell from $5.53 billion to $5.32 billion, while net income rose 3.5% from $3.33 billion to $3.45 billion. Adjusted diluted EPS was $1.07, down 4.0%, while reported diluted EPS was $0.97, up 7.2%. Adjusted EBITDA came in at… -
'Raise Targets, Fire Them for Cause': Ex-Amex Director Alleges US Engineers Were Pushed Out for India HiresAmerican Express plans to cut about 3,500 jobs, or 5% of its global workforce, even as it reports higher quarterly profits and raises its full-year earnings forecast. The announcement, made on Oct. 23 alongside its third-quarter results… -
Major high street bank to cut another 275 jobs after axing hundreds of staff earlier this yearA MAJOR high street bank is to axe another 275 jobs after cutting hundreds of its staff earlier this year. Nationwide has announced a second round of redundancies after 600 staff lost their jobs in June. It comes after the building… -
Laid-Off Employee Says Former Team Is Crumbling After Job Cuts: 'Sipping Margaritas As It All Falls Apart'A company’s decision to downsize a team has allegedly backfired, with a former employee claiming that more workers began quitting after the layoffs. What was supposed to be a restructuring exercise has reportedly left the team struggling… -
Labor Department 'bulk dropped' 22K unemployment claims' protestsThe New York Department of Labor headquarters at the W. Averell Harriman State Office Campus in Albany. The department recently “bulk dropped” more than 20,000 unemployment insurance claims protests filed by employers without reviewing the… - Top 4 diversity recruiting strategies to achieve true D&IMonkey Business - stock.adobe.co A critical component of any diversity and inclusion effort is hiring. Yet achieving success in diversity hiring requires approaching those efforts in the right way. However, the increased scrutiny from the…
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