Cisco Cuts 3,500 Jobs
There have been job cuts across multiple companies across the United States and the globe. However, at the start of the pandemic in April, Cisco CEO had pledged not to cut any jobs. Things didn't seem to go as expected for them and they've laid off employees as well. Cisco spokeswoman Jennifer Yama ...
Pandemic Wiped 91,680 Jobs in U.S. Oilfield Services Sector
Barring a handful of sectors across the globe, almost every sector has been severely impacted because of the pandemic. According to a monthly report compiled and published by Petroleum Equipment & Services Association (PESA) on Tuesday, the U.S. oilfield services sector lost 91680 jobs because of t ...
The US could start losing jobs very soon
The US saw a massive decline in jobs and millions of people were laid off due to the lockdown and restrictions imposed because of the virus. At one point, the unemployment rate was in double digits. The unemployment benefit and a positive outlook started bringing things back, not at the pace one wo ...
Making a new start in business!
The pandemic has impacted everyone in the world at varying levels. There's a massive loss of life and money across the globe. While some are finding it hard to cope up with and it is understandable, some are using it as a means to start afresh. A lot of people who have lost their jobs and finding i ...
Risk of massive job loss as Cineworld shuts
Cineworld, the second-largest cinema chain in the world is going to close a huge number of cinemas across the UK and the US with no confirmed date of reopening. This puts the jobs of thousands of people at risk amidst the ongoing global crisis. Cineworld will continue to monitor the situation close ...
Leveraging trends in the tech job market
While the entire world is reeling from the economic slowdown that has been triggered by the pandemic, some jobs have still been fetching six-figure salaries, despite the pandemic. THey've proven to be resilient and future proof, with demand surging throughout. These six-figure salary jobs are niche ...
Massachusetts struggles with adding jobs
With the highest unemployment rate in the country, Massachusetts is struggling and lagging behind with the highest unemployment rate of 16.6 per cent which was a record high according to the Bureau of Labor Statistics. Some states are recovering faster than others as the unemployment rate is spread ...
The plight of many working mothers
The COVID-19 pandemic has disrupted our way of life for so many people. No one has been spared, and the brunt has been heavily felt by working mothers who are now having to choose between work and taking care of their kids who are at home as well. Take a look at the details here. ...
Slow labor market recovery
The rise of weekly unemployment claims rose unexpectedly and crossed the 1 million market last week which was a crippling setback for the already struggling job market. The number of jobs being added clouds the recovery of the US job market as more people are also losing their jobs. Take a look at ...
1.8M jobs added in July
According to data from the BLS, the US added 1.8 jobs in the month of July, although the unemployment rate is nowhere close to pre-pandemic levels. These figures are better than anticipated, taking into account the resurgence of the coronavirus infections across several states. Read the whole repor ...
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