Tag: jobs

Jamaica

Jamaicans Set To Get Cruise Ship Jobs

The Ministry of Tourism is looking to tap into the local labor force to identify, recruit and deploy at least 10,000 of 90,000 workers required in the global cruise industry. Portfolio Minister, Hon. Edmund Bartlett, says the demand stems from a shortage of workers occasioned by the COVID-19 pandemic’s disruption of tourism activities worldwide, which resulted in a reduction in […]

BUSINESS

U.S. Stocks Dip

U.S. stocks dip on the back of a stronger-than-expected jobs report. Investors are left in doubt about the fed’s monetary policy going forward. The Dow Jones Industrial Average fell about 330 points or 1%. The S&P 500 slipped 1.6%. The technology-heavy Nasdaq Composite fell 2.5%. Support The Readers Bureau Buy A T-Shirt Today (4 different colors)! click  https://www.bonfire.com/one-love-72/?fbclid=IwAR2bod-XSyrCPutOwG_SMnKiInk6Bqe2kCtjBsAFISqHluQcujrF2UUkFew Readers Bureau, […]

BUSINESS

U.S. Employment Rate Holds Strong

The U.S. economy added 428,000 jobs and the jobless rate held even at 3.6 percent, according to data released Friday by the Labor Department. The April jobs report showed job growth holding strong in April as the unemployment rate remained just 0.1 percentage points above its level in February 2020. Economists expected the U.S. to have added roughly 300,000 jobs, […]

BUSINESS

U.S. Unemployment Rate Drops To 3.6%

The U.S. sees unemployment drop to a new historical level of 3.6 percent in March with the addition of 431,000 jobs. This new gain speaks to the strength of the country’s economy as it comes amid the COVID-19 plague, Russia’s war against Ukraine, and the highest inflation in 40 years. It is the lowest rate since the pandemic erupted two […]

NEWS

U.S. Job Report Disappointing

The U.S. added a disappointing 194,000 jobs last month, as the Delta variant of coronavirus continued to put a drag on the economy. The unemployment rate fell from 5.2% in August to 4.8%. The U.S. Bureau of Labor Statistics said there were notable job gains in hospitality, retail, and transportation while employment in education declined.  Yet with 7.7 million out […]

BUSINESS

U.S. Jobs Fall Lower Than Expected

The U.S. added fewer jobs than expected in September in a sign that America’s rebound from the economic collapse triggered by the coronavirus pandemic is slowing. Employers added 661,000 jobs against the more than 800,000 expected. The jobless rate fell to 7.9 per cent, dropping for a fifth month, but the minority workers hit hardest saw minor change. The gains […]

BUSINESS

British Airways Set To Shed Up To 13,000 Jobs

British Airways (BA) owner, IAG, is cutting more flights over the next three months as it adjusts to the continuing collapse in demand for air travel. IAG, which also runs Aer Lingus and Iberia, said quarantine restrictions meant capacity this autumn would be 60% below 2019 levels. According to the group, expected levels of recovery will not be realized until […]

BUSINESS

U.S. Jobs Gain Soar To 4.8 Million In June

Nonfarm payrolls leaped by 4.8 million in June, and the unemployment rate fell to 11.1% as the U.S. continued its reopening from the coronavirus pandemic, the Labor Department said Thursday. The data pans out far better than expected as economists surveyed by Dow Jones had expected a 2.9 million increase and a jobless rate of 12.4%. It was the second-consecutive […]

Jamaica

Jobs In BPO Sector Roaring Back

The Jamaican Government is reporting a healthy recovery of jobs in the business process outsourcing (BPO) sector. A total of 3,300 employees have regained their jobs, lost earlier because of the impact of the coronavirus (COVID-19) pandemic. According to the Minister without Portfolio in the Ministry of Economic Growth and Job Creation, Daryl Vaz, “The sector lost approximately US$42 million […]

BUSINESS

Boeing Set To Cut Jobs

Boeing says it is eliminating more than 12,000 U.S. jobs, including involuntary layoffs of 6,770 US workers as the largest American planemaker restructures in the face of the coronavirus pandemic.  Boeing also disclosed it plans several thousand remaining layoffs in the next few months but did not say where those would take place. The company announced in April it would […]