Category: Job
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JOLTS job openings for May: 8.140M vs 7.910M expected
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The previous month was revised to 7.919 million from the previously reported 8.059 million. The number of JOLTs job openings rose to 8.140 million, above the estimate of 7.910 million. Vacancy rate 4.9% vs. 4.8% last month. Resignation rate 2.2% vs 2.2% last month Details of available job opportunities: Job…
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Tata Steel Workers to Strike for First Time in 40 Years Over Job Cuts
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In a historic move, about 1,500 Tata Steel workers will begin an indefinite strike next month in response to the company’s plans to cut thousands of jobs. This will be the first strike by UK steelworkers in more than 40 years, according to the trade union Unite. The strike, scheduled…
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Summer Job Cuts as Minimum Wage Increase Bites
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The recent increase in the minimum wage is putting significant pressure on employers, leading to a sharp decline in employment in the summer. New figures suggest employers are cutting back on seasonal hiring amid broader concerns about labor shortages in vital sectors of the economy. Data released by the Recruitment…
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Summer Job Cuts as Minimum Wage Increase Bites
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The recent increase in the minimum wage is putting significant pressure on employers, leading to a sharp decline in employment in the summer. New figures suggest employers are cutting back on seasonal hiring amid broader concerns about labor shortages in vital sectors of the economy. Data released by the Recruitment…
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U.S. job openings reach a 3 year low. It’s an employer’s market now
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US job openings fell in April to their lowest level in more than three years, consistent with a gradual slowdown in the labor market. The number of jobs available fell to 8.06 million from a downwardly revised reading of 8.36 million the previous month, the Bureau of Labor Statistics’ Job…
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Six ways to make your workplace more fun – and the serious reasons for having a laugh on the job
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Humans are social creatures. Our DNA is genetically programmed to spend time in communities, working with others to solve problems, create and learn. It’s what has enabled us to dominate the world as the most successful organism to ever exist. Our ability to socialize is our superpower. The working population…
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Frax Finance Founder Claims Inside Job at X Resulted in Account Hack
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Sam Kazemian, founder of Frax Finance, claimed that an internal function at Company X was responsible for the hacking of the project’s official account. The hack, which occurred on June 1, resulted in the decentralized stablecoin protocol behind FRAX USD losing access to its X account. Frax Financial Hack In…
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Frax Finance Founder Claims Inside Job at X Resulted in Account Hack
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Sam Kazemian, founder of Frax Finance, claimed that an internal function at Company X was responsible for the hacking of the project’s official account. The hack, which occurred on June 1, resulted in the decentralized stablecoin protocol behind FRAX USD losing access to its X account. Frax Financial Hack In…
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Czech Billionaire Plans £400m Overhaul for Royal Mail, Sparking Job Concerns
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Daniel Kretinski, the Czech billionaire preparing to take over Royal Mail, has unveiled a transformative vision for the company, which includes a £400m investment to create a network of drop boxes and delivery lockers across the UK. The move could significantly impact tens of thousands of postal delivery jobs and…
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Court orders KAA to pay contractor Sh433m in demolitions job lawsuit
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The High Court has ordered the Kenya Airports Authority (KAA) to pay part of Sh812 million to a contractor hired a decade ago to demolish buildings at the Jomo Kenyatta International Airport (JKIA). Judge Alfred Mabia ordered KAA to pay Machiri Ltd Sh300 million and another $1,022,022 (Sh133.2 million) held…
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Attacker Says Smart Contract Tax Code Is “copy Paste” Job
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Image courtesy: Coindesk.com The cryptocurrency landscape is full of volatility and unpredictability, as even the most well-known projects can fall victim to devastating cryptocurrency-related scams. The latest saga surrounding the Normie meme is here Ethereum The second layer network, Base, is a cautionary tale for both investors and developers in…
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Attacker Says Smart Contract Tax Code Is “copy Paste” Job
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Image courtesy: Coindesk.com The cryptocurrency landscape is full of volatility and unpredictability, as even the most well-known projects can fall victim to devastating cryptocurrency-related scams. The latest saga surrounding the Normie meme is here Ethereum The second layer network, Base, is a cautionary tale for both investors and developers in…
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Tesla to Make Job Cuts Through June, Leaving Workers in Limbo
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Breadcrumb links BMN Business One worker likened the company’s situation to “Squid Game,” the TV series in which contestants fight for survival. Article writer: Bloomberg News Kara Carlson and Dana Hall Posted on May 20, 2024 • 4 minutes read You can save this article by registering for free here.…
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Dollar steady ahead of inflation data; sterling slips after job numbers By Investing.com
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Investing.com – The US dollar was flat on Tuesday, largely flat ahead of key inflation data likely to weigh on interest rate expectations. At 03:30 EST (08:30 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, rose 0.1% to 105.250, in range-bound trading. Dollar…
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Millennials wanted a dream tech job. Gen Z wants stability
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This month, the era of highly desirable tech jobs will graduate alongside the Class of 2024. These software engineer roles were the makings of millennial dreams, representing a more relaxed or fun style of work as well as a path toward financial stability and comfort. . But the other shoe…
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Canada’s job market could be in worse shape than it looks
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Breadcrumb links News Tomorrow’s headline number won’t tell the whole story Posted on May 9, 2024 • 5 minute read You can save this article by registering for free here. Or log in if you have an account. CIBC says Canada’s labor market may be weaker than it appears. Image…
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‘Punched, kicked, grabbed, and brushed up against’—nurse’s husband sues her employer after she was strangled on the job
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The husband of a visiting Connecticut nurse who was killed during an appointment with a convicted rapist filed a wrongful death lawsuit Monday, alleging her employer repeatedly ignored worker safety concerns about treating dangerous patients. Ronald Grayson filed a lawsuit against Elara Caring, its affiliates, and others for the murder…