U.S. labor market shows signs of strain as jobless claims increase
U.S. jobless claims climbed to 242,000 last week, hitting a three-month high as layoffs increase in both corporate and government sectors. The labor market remains...
Tag : unemployment
UK firms to slash jobs as tax hikes and costs squeeze margins
UK employers face a decade-high redundancy surge as tax hikes and rising costs erode confidence, with firms slashing jobs to counter financial pressures in an...
Pakistan’s economy suffers major setback as IMF denies $6 billion loan
The International Monetary Fund (IMF) has dealt another blow to Pakistan’s economy by rejecting the country’s claim of fulfilling the conditions necessary to secure a...
Lack of cash causes Pakistani food shortages, unemployment
Pakistani businessmen are warning the government that if the import levy is not lifted, millions will lose their jobs. They are urging the administration to...