Articles about Job

Sector cites ‘billions of pounds in additional costs’ from new business rates and increase in minimum wage thresholdsTwo-thirds of hospitality businesses are planning to cut jobs as a result of “suffocating” costs imposed by government, as new business rates and higher wage bills come into force.Many pubs, restaurants and hotel companies will see their costs increase significantly from 1 April after Rachel Reeves’s changes to business rates and an increase in minimum wage thresholds announced at the chancellor’s November budget. Continue reading...

• The U.S. Bureau of Labor Statistics reported 145,000 nonfarm payroll additions in March, modestly below the 165,000 forecast but within a range suggesting labor market deceleration without crisis-level deterioration. • The unemployment rate remained flat at 3.9%, while average hourly earnings grew 3.8% year-over-year, slightly below the 4.0% pace in February and indicating moderating wage pressures that support the Fed's inflation narrative. • Economists cited seasonal adjustments and service sector softness as factors in the slower jobs growth, though private payroll strength and continued hiring in healthcare and professional services suggest underlying economic resilience despite recent market volatility.

New measures will protect Tata and British Steel but allow foreign pre-made parts into the UK, say industry bossesSteel bosses have warned ministers that a “back door” in new trade rules could hit British manufacturers and lead to job cuts and factory closures by allowing a vast array of foreign products to still enter the UK tax-free.The loophole means pre-made steel parts ranging from bridge sections, columns and door frames, all the way to smaller rods and tubes used in buildings, will escape recently announced import tariffs, the Guardian understands. Continue reading...

• Moody's AI-based recession probability model has surged to 49%, just below the 50% threshold that historically signals economic recession within a year, amid mounting economic concerns. • The US labor market delivered a major disappointment with March data showing a loss of 92,000 jobs, far below expectations, while GDP growth projections have been revised downward from 1.4% to as low as 0.7%. • Recession forecasts from major institutions have escalated: Goldman Sachs raised odds to 30%, EY-Parthenon estimates risk at around 40%, and BlackRock CEO Larry Fink warned rising oil prices could trigger global recession.

Survey also found 65% of gen Z think ‘things are better if men do paid work and women do care work’Get our breaking news email, free app or daily news podcastYounger fathers are more likely to cling to outdated ideas that frame men as the money earners and women as caregivers, new research has found.The Australian State of the World’s Fathers report is based on a global survey of 8,000 parents, with 533 from Australia. Continue reading...

More than half of roles could be hit and young shop workers in particular could lose out, trade body warnsMore than half of retail jobs could be affected by reform to guaranteed working hours, making it harder for shops to employ people – particularly young workers – in part-time roles, the industry’s lobby group has warned.From April, the Employment Rights Act will introduce new protections for workers on sick pay, sexual harassment, parental leave and trade union recognition. Continue reading...

• U.S. nonfarm payrolls for March will be released Friday amid sharp energy price increases due to Middle East conflict, providing critical snapshot of labor market health as investors reassess economic outlook. • HSBC economists expect "modest but positive growth" in employment, though markets have slashed expectations for Federal Reserve rate cuts, with money markets pricing only 42% probability of a rate increase in 2026. • This week's data releases—including ADP private payrolls (Wednesday), JOLTS job openings (Tuesday), jobless claims (Thursday), and consumer confidence surveys—will reveal war impact on business and consumer sentiment.

• U.S. health care and social assistance sectors added 693,000 jobs in 2025, accounting for all net employment gains and preventing a 570,000 job loss in the broader economy. • Despite the growth, experts warn it conceals a productivity crisis driven by administrative burdens, outdated technology, and inefficient care delivery models. • The commentary urges policy reforms to boost efficiency, as unchecked spending threatens fiscal sustainability amid aging populations.

• Meta is reducing its workforce while simultaneously increasing investment in artificial intelligence capabilities and research. • The company is shifting resources to prioritize AI development over other business areas, signaling a strategic pivot in corporate priorities. • This move reflects broader industry trends where major tech companies are reallocating capital toward AI infrastructure and models despite economic pressures.

In highly unusual move, Metropolitan police have released full transcript of call made by then chief of staff to PM UK politics live – latest updatesMorgan McSweeney did not disclose he was the prime minister’s chief of staff when he reported his phone stolen, according to a transcript released by the Metropolitan police.The Met has admitted the wrong address was recorded for the theft meaning that it was thought to be a street in Tower Hamlets, rather than a Westminster street of the same name. Continue reading...

Managing director Hugh Marks defiant the ABC will not back down on staff demands despite severe disruption to television, radio and digitalFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastMore than 2,000 ABC staff around Australia have walked off the job for a 24-hour strike, forcing ABC services across TV, radio and digital to use BBC World Service and repeat programming.The ABC managing director, Hugh Marks, is defiant the ABC will not back down on staff demands despite the severe disruption. Continue reading...

• CompTIA's State of the Tech Workforce 2026 report, released March 24, predicts net U.S. tech employment growth of 1.9%, creating 185,499 new jobs to reach nearly 9.8 million workers. • Texas leads with 32,238 jobs added, followed by California (16,949), Florida (14,453), and New York (13,566); all states expect gains. • High-growth roles include data scientists (420% over 10 years), cybersecurity analysts (346%), and software developers (188%), driven by AI impact.

Defense secretary had said relatives of service members killed in refueling tanker crash told him ‘do not stop until the job is done’Sign up for the Breaking News US email to get newsletter alerts in your inboxThe father of a US military member killed in the Iran war has contradicted Pete Hegseth’s claim that bereaved families urged him to “finish” the job in the Middle East.Hegseth, the defense secretary and a former weekend Fox News host, told reporters at a Pentagon briefing on Thursday that he had spoken with relatives of all six service members killed in last week’s refueling tanker crash during a “dignified transfer” of their remains at Delaware’s Dover air force station the night before. Continue reading...

• Health workers in Massachusetts lobby for bill making assaults on staff felonies, approved by House last November awaiting Senate vote by July 31. • Violence surged post-COVID per surveys; bill mandates hospitals assess risks and implement ongoing safety policies. • "Health care workers don't feel supported," says Cambridge Health Alliance nursing officer; Sen. Joan Lovely optimistic for passage to reduce assaults.

Carmaker reduces office-based roles and will not fill vacancies ‘to ensure long-term competitiveness of business’Bentley is to cut 275 jobs in the UK as the carmaker faces a “challenging global market environment”.The luxury brand, owned by Germany’s Volkswagen, is preparing to launch its first all-electric model but acknowledged it had some work to do to convince consumers to switch away from internal combustion engine vehicles. Continue reading...

Specialist lender’s shares plunge after short seller claims it will have to raise provision for compensation Business live – latest updatesThe banking group Close Brothers is to cut about 600 jobs and roll out the use of AI “at pace” after posting further losses in the face of a mounting compensation bill for the motor finance scandal.The specialist lender said the cuts – nearly a quarter of its 2,600-strong workforce – would be made over the next 18 months across its teams in the UK and Ireland. Continue reading...

PwC called in as administrators after company runs out of cash, leaving it unable to pay landlords and creditorsNational Car Parks, the UK’s biggest car park operator, has fallen into administration, putting nearly 700 jobs at risk.NCP’s board of directors called in PwC as administrators after it ran out of cash, leaving it unable to pay its landlords and creditors, with significant rent payments falling due at the end of March. Continue reading...

Share of 16- to 24-year-old Neets who report a work-limiting condition up 70% in a decade, says thinktankThere has been a sharp rise in the number of jobless young people in the UK citing health problems as the reason they are not working, according to analysis.The share of 16- to 24-year-olds not in education, employment or training – known as Neets – who reported a work-limiting condition has surged by 70% in a decade, a charity thinktank found. Continue reading...

Canada's employment situation deteriorated significantly in February, with the national unemployment rate rising to 6.7 percent—a 0.2 percent increase from January and the worst monthly job performance in four years. Economic analysts attribute the decline partly to growing global volatility stemming from the ongoing Iran conflict and international tensions. The labor market weakness raises concerns that persistent inflation could worsen as geopolitical instability disrupts supply chains and energy markets. Canadian policymakers face mounting pressure to address employment challenges while managing inflationary pressures linked to rising oil prices and defense spending.