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Jobs

Job Market

Recent data highlights a complex and challenging moment for the American labour market, revealing both troubling signs and resilience in the face of adversity.

US private sector cuts 301,000 jobs in January

"The labour market recovery took a step back at the start of 2022 due to the effect of the Omicron variant and its significant, though likely temporary, impact to job growth," Xinhua news agency quoted Nela Richardson, chief economist at ADP, as saying on Wednesday.

Unilever to cut thousands of jobs globally

The Marmite and Dove soap maker will slash the positions in more than 100 countries, with cuts in the "low thousands" planned, the BBC report cited a source as saying.