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Jobs

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.

Wrong Choices~I

At some time in the last four to five decades we stopped recognising that human resources were as important as capital and raw material to run an enterprise and it was a false narrative that only promoters, investors and shareholders had an inherent claim over the profits. Skill development and building partnership with workers was not required

US private sector adds 807,000 jobs in December

Service sector saw a job gain of 669,000 in December, with 246,000 jobs added in leisure and hospitality, according to the report produced by the ADP Research Institute in collaboration with Moody's Analytics.