How China’s anti-corruption crackdown is driving a minor jobs boom

How China’s anti-corruption crackdown is driving a minor jobs boom

Wanted: university graduates aged between 20 and 35 years, with no criminal record and a height of at least 170cm (5.57ft) for men and 158cm for women. Military veterans or police college students preferred. The very public ads have been cropping up online, posted by recruiters across China in search of people for a very … Read more

Modi’s drumbeating of 100-day plan a cheap PR stunt: Mallikarjun Kharge

Modi’s drumbeating of 100-day plan a cheap PR stunt: Mallikarjun Kharge

After PM Narendra Modi on Friday accused the Congress of practicing a “culture of fake promises”, party president Mallikarjun Kharge hit back by saying Modi’s “drumbeating regarding a 100-day plan was a cheap PR stunt!”. Kharge was referring to the Modi-led’s Lok Sabha election poll campaign promise of an action plan in the first 100 … Read more

Uttarakhand’s GSDP increases 1.3 times in 20 months

Uttarakhand’s GSDP increases 1.3 times in 20 months

Dehradun: Uttarakhand’s Gross State Domestic Product (GSDP) has increased by 1.3 times in the last 20 months, the state government said on Wednesday. New policies brought by the state government, amendments in the old ones besides employment and self-employment programmes underway have contributed to the GSDP growth, Secretary energy, housing and planning R Meenakshi Sundaram … Read more

Meituan riders out-earn the average worker in Beijing, data from food delivery giant shows

Meituan riders out-earn the average worker in Beijing, data from food delivery giant shows

New data released by Meituan, China’s largest on-demand services provider, showed that its food delivery crews working in major cities such as Beijing, Shanghai and Shenzhen earn more on average than the local population. According to the report, Meituan delivery people who work in major cities and meet the company’s minimum work time requirement took … Read more

Trudeau announces reduction in temporary foreign workers, suggests more immigration changes to come

Trudeau announces reduction in temporary foreign workers, suggests more immigration changes to come

Prime Minister Justin Trudeau announced Monday the federal government will reduce the number of temporary foreign workers in Canada after a historic surge that some experts say has fuelled unemployment among immigrants and young people. Trudeau also said the government is considering a reduction to the number of permanent residents Canada accepts each year — a potentially major policy … Read more

Unemployment rate unchanged in July, though jobless rate for young people continued to rise

Unemployment rate unchanged in July, though jobless rate for young people continued to rise

Canada’s economy shed 2,800 jobs in July while the unemployment rate was unchanged at 6.4 per cent, Statistics Canada said on Friday. Employment fell in wholesale and retail trade, which shed 44,000 jobs, and in finance, insurance, real estate, rental and leasing, which shed 15,000 jobs. Public administration, transportation and warehousing, and utilities saw jobs gains. … Read more

Bank of Canada summary suggests weak job market was a concern ahead of July rate cut

Bank of Canada summary suggests weak job market was a concern ahead of July rate cut

The Bank of Canada wants the economy to pick up speed again and some members of its governing council are concerned that weak job market conditions could hinder that process. That’s according to the central bank’s newly released summary of deliberations detailing discussions ahead of the July 24 rate decision. “With the emergence of slack … Read more

Wall Street has its worst day since 2022 as fears of U.S. recession deepen

Wall Street has its worst day since 2022 as fears of U.S. recession deepen

Wall Street fell the most in nearly two years, continuing a global rout in financial markets as fears worsen that the U.S. economy is slowing down. The S&P 500 fell three per cent on Monday. The Dow Jones industrial average dropped more than 1,000 points and the Nasdaq composite slid 3.4 per cent. The declines were just the latest … Read more

AI will not lead to job losses: Labour Minister Mansukh Mandaviya

AI will not lead to job losses: Labour Minister Mansukh Mandaviya

New Delhi: Labour minister Mansukh Mandaviya told Parliament on Monday that the applications of artificial intelligence (AI) will not lead to loss of jobs in India and said that, on the contrary, this new technology will open up new job opportunities.Responding to a question by Kalyan Banerjee (All India Trinamool Congress) in the Lok Sabha … Read more

Walmart Canada raises hourly store wages for roughly 40,000 workers

Walmart Canada raises hourly store wages for roughly 40,000 workers

Walmart Canada said on Thursday it invested $53 million to increase hourly wages for about 40,000 of its store associates earlier this month. The move comes at a time when Walmart has been increasing investments over the last few months for its U.S. store workers to retain more employees. The retailer raised the annual average … Read more