Wednesday, 20 October 2021

Tag Archives: jobless

Thousands to go jobless as big shots cut down in Indian IT industry

The IT industry of India is undergoing a bleak phase these days, as reports suggest that over 20,000 employees of the industry will be left jobless. The development comes after two giants of Indian IT market, the Indian multinational Infosys and US-based Cognizant, announced massive cuts in staff in a ...

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Italy’s jobless rate drops below 10pc

MILAN: Italy’s unemployment rate dropped below the symbolic 10 percent threshold in May to 9.9 percent, provisional data from the national statistics agency showed Monday. It was the first time it the jobless rate has dipped into the single digits since February 2012, when it stood at 9.9 percent. The ...

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German slowdown leaves job boom untouched

BERLIN: The jobless rate in Germany held steady in January even as signs of a slowdown in Europe’s powerhouse economy mounted, official data showed Thursday. The unemployment rate was 5.0 percent, the Federal Labour Agency (BA) said in seasonally-adjusted figures, the same level as the previous two months. In absolute ...

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UK jobless rate down to new 43-year-low

LONDON: Britain’s unemployment rate fell to its lowest in over 43 years in the three months to June and fewer workers made do with insecure jobs, but there was little upside for most as pay growth slowed to its weakest in nine months. Tuesday’s official figures also showed the sharpest ...

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Japan May jobless rate drops to 2.2%

TOKYO: Japan’s jobless rate dropped to 2.2 percent in May, while the availability of jobs improved to the highest in more than four decades, figures from the Internal Affairs ministry showed on Friday. The seasonally adjusted unemployment rate fell from 2.5 percent in April and compared with economists’ median forecast ...

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Japan’s jobless rate at lowest in nearly 25 years

TOKYO: Japan’s jobless rate stood at 2.4 percent in January, the lowest in nearly 25 years, official data showed Friday, a major boost for the world’s third-largest economy. The figure – the lowest since April 1993 when the rate hit 2.3 percent — comes as Japan has notched up eight ...

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