Economics ❯Labor Market

Employment Trends

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Volvo Cars to Cut 3,000 Jobs in Global Restructuring Drive

The automaker is implementing a $1.89 billion cost-cutting plan as it faces high costs, falling EV demand, and trade tariff challenges.

US Jobless Claims Dip Slightly, but Continuing Claims Signal Emerging Strains

JPMorgan Chase Implements Hiring Slowdown and AI-Driven Workforce Cuts

Federal Reserve Targets 10% Workforce Reduction by 2027

H-1B Visa Registrations Drop 27% as USCIS Implements New Reforms

Microsoft Cuts 6,000 Jobs in Restructuring Effort

McDonald’s Launches Major Hiring Drive for 375,000 Workers

Bank of England Divided Over Rate Cuts as Goods Inflation Persists

South Korea’s Growth Forecast Slashed to 0.8% as Trade Woes Deepen

U.S. Small Business Confidence Hits Lowest Level Since 2022 Despite Tariff Truce

UK Master's Graduates Face 90% Jobless Rate, Warns Indian Professional

Panasonic Announces 10,000 Job Cuts in Global Restructuring

Japan's Real Wages Drop for 25th Month as Inflation Outpaces Pay Gains

Volvo Cuts 125 Jobs at South Carolina Plant in Response to U.S. Tariffs

15% of USDA Workforce Exits Under Trump Administration’s Resignation Program

U.S. Private Sector Job Growth Slows to 62,000 in April, Missing Expectations

India Adds 15.43 Lakh Workers to ESI Scheme in February, Expanding Social Security Coverage

Trump Signs Executive Order to Modernize Workforce Training and Boost Skilled Trades

Dutton Confirms 41,000 Federal Job Cuts in Canberra by 2030

EPFO Reports 16.10 Lakh Net Member Additions in February 2025