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More than a quarter of workers faced job losses or underemployment in April
More than a quarter of workers faced job losses or underemployment in April
FRIDAY, MAY 08, 2020
WASHINGTON - The U.S. economy is in trouble, and today's staggering unemployment numbers only tell part of the story. More than 27 million people stopped working between March and April, but over a third of them are not included in the official unemployment rate of 14.7%.Stocks rise in wake of unprecedented job losses
Stocks rise in wake of unprecedented job losses
FRIDAY, MAY 08, 2020
Stocks rose for a second day with investors embracing risk in spite of the biggest monthly loss in jobs in at least 70 years. The dollar weakened and oil gained.National census finds more people living on streets
National census finds more people living on streets
WEDNESDAY, MAY 22, 2019
SINCE THE weakening economy may result in more job losses and an increase in homeless people, the Social Development and Human Security Ministry has decided to conduct a census and work towards improving the quality of their lives. Repeating 2018 budget ‘will hurt Philippine people’
Repeating 2018 budget ‘will hurt Philippine people’
TUESDAY, DECEMBER 11, 2018
RE-ENACTING the 2018 national budget for next year will not only slow down economic growth as government spending gets reduced, but will also lead to job losses and push hundreds of thousands to poverty.Reskilling urged to shore up jobs as AI sweeps in
Reskilling urged to shore up jobs as AI sweeps in
FRIDAY, SEPTEMBER 28, 2018
INTERVENTION by the government is needed as the labour market heads toward major job losses due to recent and future waves of technological innovation, a recent seminar has heard.