Tag: Unemployment
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An exam leak in India exposed a Gen Z jobs crisis that goes much deeper
While the leak of key exam papers was the trigger for the recent student protest in India, rising unemployment is the real fuel angering Gen Z in the country.
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Germany news: Unemployment tops 3 million as industry slumps
Over three million people are currently unemployed in Germany, with 1.1 million drawing unemployment checks, authorities say. Also, sales of air conditioners have doubled as heat continues to crush cities. DW has more.
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Singapore employment grows in Q2 despite global uncertainty, even as retrenchments rise
Unemployment rates remained low and broadly stable, said the Manpower Ministry in an advance release of its quarterly labour force report.
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India’s Gen Z forced Modi to listen, respond and act — exposing chinks in the ruling party’s armor
In a rare occurrence, Modi’s government was forced to concede demands of Gen Z protesters, underscoring their rising influence in the country’s polity.
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Why the youth jobs crisis is becoming global
Young people in much of the world face growing competition for entry-level jobs as graduate numbers rise, hiring slows and AI-driven disruption adds uncertainty to career prospects.
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AI is changing older workers’ careers, research finds — here’s how
AI may either prompt some older workers to leave their jobs or help make their roles more efficient, research finds. Here’s which careers may be most affected.
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Job seekers giving up: Labor force participation rate falls to lowest in 50 years, outside of Covid era
A drop in the unemployment rate helped provide some upside to what was an otherwise downbeat jobs report — but it was for all the wrong reasons.
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U.S. economy added 57,000 jobs in June, less than expected; unemployment rate at 4.2%
Nonfarm payrolls were expected to rise by 115,000 in June while the unemployment rate held steady at 4.3%.
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CME CEO Terrence Duffy says the exchange operator will sue CFTC over perpetual futures
Outgoing CME CEO Terrence Duffy said that the exchange operator will sue the CFTC over the agency’s decision to approve perpetual futures.
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Shopee slashes jobs in Singapore amid AI push; software engineers among those affected
Employees at Shopee’s Singapore headquarters told CNA they were laid off on Monday.
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