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ANZ warns unemployment could rise above 5pc as ‘over-qualified’ job applicants feel ‘abandoned by society’

In short:ANZ is warning the labour market is poised to deteriorate sharply.Recruiters are reporting hundreds of applications for individual roles.What's next?The RBA will have...

Unemployment edges up despite more than 50,000 extra jobs amid rapid population growth

Australia's unemployment rate has continued to edge higher, despite the creation of about 50,000, mostly full-time, jobs.Bureau of Statistics figures put the unemployment rate...

Westgate Resorts cuts 357 Orlando jobs amid ‘streamlining’

ORLANDO, Fla. – Timeshare resort company Westgate Resorts is cutting 357 jobs in order to “streamline operations,” according to a spokesperson for the company...

Actress Laila Abdallah sparks global headlines after beach day with Joe Jonas

JEDDAH: Dur Jamjoom’s graduation film from Effat University, “Kum Kum,” has been chosen for the prestigious Tribeca Film Festival in New York. Founded by actor Robert...

U.S. Adds Whopping 272,000 Jobs: Here’s Why That’s Bad News For Interest Rates

Topline The labor market grew at a faster pace than anticipated in May, according to the Labor Department’s monthly jobs report released Friday morning, unwelcome...

Canada’s economy added a flat 27,000 jobs in May while unemployment ticked up to 6.2% | CBC News

The Canadian economy added a flat 27,000 jobs in May, while unemployment inched up slightly to 6.2 per cent, Statistics Canada said Friday.Economists were expecting an average...

It’s even harder for young people to find jobs, and the unemployment rate proves it | CBC News

Nearly a year after graduating from Carleton University with a degree in engineering physics, Surya Nareshan is still struggling to find employment.Nareshan, who lives...

Even IIT Bombay students are not getting jobs: 36% yet to secure campus placements in 2024

MUMBAI: Every year, students from the Indian Institute of Technology (IIT) look forward to the placement season – December and post-February –...

Huge jobs gains raise risk of higher interest rates for longer, economists warn

In short: An additional 116,500 Australians were employed in February, the biggest monthly jobs gain on record, outside of the pandemic period.At 3.7 per...

What will Fed chair say about interest rates? Key economy news you need to know this week.

Fed's Jerome Powell says neutral rate may be higherFederal Reserve Chair Jerome Powell says the neutral interest rate may be higher.Bloomberg, BloombergFor months, stock...

These N.L. nursing students can’t get permanent jobs. The health minister says to temper expectations | CBC News

Molloy said there are incentives of up to $24,000 for full-time permanent positions in Bell Island, Bonavista, Burin, Clarenville, Carbonear and Placentia. Taking a full-time...

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