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Reuters · 2 days ago

Spanish Labour Minister Enters Race for Top ILO Role as Agency Faces U.S. Funding Uncertainty

Spain's Labour Minister Yolanda Díaz has entered the race to lead the International Labour Organization as the agency navigates financial challenges linked to potential U.S. funding cuts. The leadership election is scheduled for November.

Reuters · 2 days ago

British Gas Parent Centrica to Eliminate 1,300 Jobs as Profit Declines and Trading Growth Slows

Centrica plans to cut around 1,300 jobs after reporting an 18% decline in first-half adjusted core profit. The company also warned of slower growth in its energy trading business while stating that AI is not responsible for the current workforce reductions.

Reuters · 2 days ago

US First-Time Jobless Claims Drop to Their Lowest Level in Nearly Six Decades

U.S. first-time unemployment claims fell to their lowest level since 1969, highlighting continued labor market stability and reinforcing expectations that the Federal Reserve will keep its attention on inflation.

Reuters · 3 days ago

Randstad Shares Climb After Quarterly Revenue Tops Expectations Amid Hiring Recovery

Randstad exceeded quarterly revenue growth expectations, with improving demand across key markets helping lift its shares and reinforcing expectations of a gradual recovery in global hiring activity.

Reuters · 4 days ago

Randstad Reports Early Improvement in Hiring Activity as Temporary Recruitment Gains Momentum

Randstad says hiring demand showed improvement during the second quarter, with temporary staffing and blue-collar recruitment leading the recovery while permanent hiring remains subdued.

Reuters · 5 days ago

UK Labour Market Remains Weak but Stable as Burnham Begins Premiership

Britain's labour market remained weak but largely unchanged through May, with wage growth slowing, unemployment holding steady, and employers awaiting greater clarity on the new government's economic plans.

Reuters · 5 days ago

SThree Reports Sharp Drop in Half-Year Profit as AI Shift and Geopolitical Uncertainty Slow Hiring

SThree reported a significant fall in half-year profit as AI-related changes and geopolitical uncertainty slowed recruitment activity. The recruiter maintained its full-year profit outlook despite weaker results.

BigGo Finance · 1 week ago

US Initial Jobless Claims Fall to 208,000, Signaling Continued Labor Market Stability

US jobless claims fell to 208,000 in the latest reporting week, coming in below expectations and pointing to continued stability in the labor market as employers retain workers despite cautious hiring.

Reuters · 1 week ago

UK Recruitment Firms Tighten Spending as Geopolitical Risks and AI Continue to Slow Hiring

UK recruitment firms are cutting costs as geopolitical uncertainty and AI-driven workplace changes continue to slow hiring, while employers increasingly favour temporary roles over permanent recruitment.

Reuters · 1 week ago

KPMG Australia Weighs Major Workforce Cuts and Partner Pay Reduction Amid Ongoing Scrutiny

KPMG Australia is reviewing potential job cuts and partner pay reductions while continuing to address the impact of an audit leak scandal and ongoing regulatory scrutiny

Reuters · 1 week ago

PageGroup exceeds second-quarter profit expectations as savings offset weak European hiring

PageGroup reported second-quarter gross profit above analyst estimates as cost-saving measures and stronger hiring in the Americas and Asia-Pacific helped offset weaker recruitment demand across Europe and the UK.

Reuters · 2 weeks ago

UK Hiring Slowdown Shows Signs of Easing as Temporary Recruitment and Pay Improve

A UK recruitment survey found stronger temporary hiring and higher starting salaries in June, while permanent hiring remained weak amid continued economic uncertainty.

Reuters · 2 weeks ago

China’s Expanding Gig Economy Reflects Employment Challenges and Welfare Concerns

China's expanding gig economy is absorbing millions of workers displaced by a weak job market, but experts say the shift is creating new challenges for social security coverage and long-term income stability.

Reuters · 2 weeks ago

Australian Job Advertisements Edge Down 0.2% in June, ANZ-Indeed Data Shows

Australian job advertisements declined 0.2% in June, although overall hiring demand remained above long-term averages. Growth continued in healthcare and real estate roles, while vacancies weakened across several consumer-facing sectors.

Reuters · 3 weeks ago

Financial planner shares essential money steps to take after losing your job

A financial planner outlines the key money decisions to make after a layoff, including budgeting, using emergency savings wisely, protecting retirement funds and maintaining health insurance coverage.

Reuters · 3 weeks ago

British American Tobacco to Restructure Workforce, Impacting Around 9,000 Roles

British American Tobacco is restructuring its global workforce, with around 9,000 roles affected as the company pursues cost savings, AI-driven operational changes and a stronger focus on reduced-risk products.

Reuters · 3 weeks ago

Microsoft Reportedly Preparing Another Round of Job Cuts Affecting Less Than 2.5% of Staff

Microsoft is reportedly preparing another round of layoffs affecting fewer than 2.5% of its workforce. The reported reductions are expected to include roles across sales, consulting, and the Xbox division.

Reuters · 3 weeks ago

US Job Openings Reach Highest Level in Two Years as Hiring Momentum Remains Weak

U.S. job openings rose to their highest level in two years during May, but hiring activity remained soft. The latest labor market data suggests demand for workers is steady, while consumer confidence in job availability has weakened.

Reuters · 3 weeks ago

US Judge Declines to Halt Proposed FEMA Workforce Reductions

A U.S. judge declined to temporarily block planned job reductions at FEMA after the agency revised its contract renewal plans, while the broader legal challenge over the staffing changes continues.

Reuters · 3 weeks ago

Whirlpool Cuts More Jobs at Iowa Plant Despite Tariff Support for U.S. Manufacturing

Whirlpool is cutting more jobs at its Iowa refrigerator plant despite U.S. tariff policies aimed at supporting domestic manufacturing, as higher costs and weak demand continue to pressure operations.

Yahoo Tech · 3 weeks ago

Tech Layoffs Continue in 2026 as Job Cuts Near 158,000 Across Major Companies

Technology companies have continued trimming their workforces in 2026, with total layoffs nearing 158,000. Several employers have linked the reductions to restructuring efforts and increased investment in AI.

Investopedia · 3 weeks ago

Experts Expect U.S. Job Market to Stay Stable Despite Slower Hiring

Economists expect the U.S. labor market to remain stable through the second half of 2026, although hiring is projected to slow and some analysts warn that job growth remains uneven across industries.

Reuters · 1 month ago

US Weekly Unemployment Claims Decline More Than Expected

US weekly jobless claims fell to 215,000, indicating continued labor market resilience, while hiring remained cautious and unemployment durations continued to rise.

Reuters · 1 month ago

US Weekly Unemployment Claims Fall More Than Forecast, Indicating Labor Market Stability

New U.S. unemployment claims declined to 215,000 last week, beating expectations and reflecting continued labor market resilience, even as hiring remains cautious and job searches are taking longer.