(Maurie Backman) Social Security probably won’t pay you enough for a comfortable retirement. To achieve that goal, you’ll need to save independently. If your employer offers a 401(k) plan, that’s definitely a good place to start. Though 401(k)s aren’t perfect, they offer a few distinct benefits over IRAs. First, they […]
Jobs
SURE thing: EU jobs scheme funding a template for heftier recovery fund issuance
By Yoruk Bahceli, Dhara Ranasinghe LONDON (Reuters) – Debt sales to fund Europe’s pandemic-linked unemployment scheme kick off later this month, a test run for groundbreaking plans to transform the European Union into one of the world’s largest bond issuers in less than a decade. FILE PHOTO: People enter a […]
Coronavirus layoffs send middle-class workers to lower-wage jobs
Californians need income and fast. Thousands of people who weathered the initial storm of pandemic shutdowns have started the hunt for new work. Faced with the most unforgiving job market in recent history, many are turning to the few industries hiring. Often, they’re the ones on the front lines. A record […]
Jobs Report August 2020: Unemployment Falls to 8.4{5667a53774e7bc9e4190cccc01624aae270829869c681dac1da167613dca7d05}
Here’s what you need to know: While Mr. Powell expressed concern over the long-run sustainability of federal debt, he said now is not the moment to worry about cutting spending and limiting borrowing.Credit…Samuel Corum for The New York Times It could be years before the central bank raises interest rates […]
Hong Kong’s exit from recession is in the market, space, jobs and labour force of the Greater Bay Area, financial secretary says
The Greater Bay Area (GBA) of southern China can provide Hong Kong with the potential market and the growth driver for taking the city’s economy out of its worst recession in decades, and a grant by local authorities to funds start-ups is still up for grabs, said Financial Secretary Paul […]
Canada’s TSX Posts Biggest Weekly Loss Since June, C$ Rises After Jobs Gain | Investing News
TORONTO (Reuters) – Canada’s main stock market index fell on Friday, taking its weekly loss to nearly 3{5667a53774e7bc9e4190cccc01624aae270829869c681dac1da167613dca7d05}, as a selloff in high-flying technology shares continued, while the Canadian dollar rallied as domestic jobs data added to evidence of economic recovery. The Toronto Stock Exchange’s S&P/TSX composite index <.GSPTSE> closed […]
Voss Industries seeks revised pact to bring Berea more jobs
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BEREA, Ohio — Voss Industries in Berea wants city officials to amend a 2019 job creation tax credit and energy grant agreement so that it can bring more jobs to the community. The city entered into a 10-year agreement with Voss early last year that provided incentives for creating a […]
Analysis: More People Got Back to Work in August, but Outlook Dims for Those Still Looking for Jobs
September 1, 2020 at 5:00 am ET Americans continued to gradually return to work in August, with 8.6{5667a53774e7bc9e4190cccc01624aae270829869c681dac1da167613dca7d05} of workers who were employed in January reporting they were out of work in August, down from 11{5667a53774e7bc9e4190cccc01624aae270829869c681dac1da167613dca7d05} in the first half of July. Recent improvements in the demand for labor are […]
India Plans Extending World’s Biggest Jobs Program to Cities
(Bloomberg) — India is considering extending its flagship jobs program in villages to workers in cities left unemployed by the pandemic-induced lockdowns, a government official said. Load Error The program, when approved, may be rolled out in smaller cities and initially cost about 350 billion rupees ($4.8 billion), said Sanjay […]
HelloFresh, the fast growing meal kit company, lands at DFW Airport with new plant creating 1,200 jobs
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International food service company HelloFresh is expanding its North Texas operations with a new production and distribution center in Irving that’ll create as many as 1,200 new jobs. HelloFresh SE is planning the new 375,000-square-foot facility at DFW International Airport at 2700 Market St. to support its customers in the […]
Salesforce cuts 1,000 jobs after banner quarter, stock surge
Salesforce.com plans to cut about 1,000 jobs, people familiar with the situation said, a move by the software giant to streamline its business even as it reports record quarterly revenue and forecasts further gains. Sales and customer-support roles are among those being eliminated, said two of the people, who asked […]
Dollar gains, stocks ebb after jobs data halts rally
NEW YORK (Reuters) – The dollar bounced off two-year lows and a gauge of global equity markets halted its march toward a record high on Friday, as better-than-expected U.S. jobs growth in July was tempered by the wrangles in Washington over a new stimulus bill. Big rallies in gold and […]