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Archive

World

Friday, June 4, 2021

US job growth picks up in May; unemployment rate falls to 5.8pc
USA

US job growth picks up in May; unemployment rate falls to 5.8pc

  • Nonfarm payrolls increased by 559,000 jobs last month, the Labor Department said in its closely watched employment report on Friday.
  • A worker shortage blamed on childcare complications, generous unemployment checks and lingering fears over COVID-19 sharply restrained hiring. There are a record 8.1 million job openings.
Published 04 Jun, 2021 07:40pm
Canada loses more jobs than expected in May as lockdowns weigh
USA

Canada loses more jobs than expected in May as lockdowns weigh

  • "The weakness was driven by ongoing restrictions in May," said Doug Porter, chief economist at BMO Capital Markets. "I would point out that almost all the declines were in part-time jobs, which is one mildly encouraging feature here."
Published 04 Jun, 2021 07:02pm
US may have seen massive rehiring in May despite labor troubles
USA

US may have seen massive rehiring in May despite labor troubles

  • However, continued fears of the virus, the availability of generous government unemployment benefits in some states and workers' continued difficulties accessing childcare, public transportation and education have created labor shortages.
Published 04 Jun, 2021 10:14am
India's scammers profit from Covid misery
Asia

India's scammers profit from Covid misery

  • In another case, a gang repainted fire extinguishers and sold them as oxygen cylinders, while another posed as doctors offering non-existent hospital beds.
Published 04 Jun, 2021 10:12am
Clown helps Mumbai kids fight Covid
World

Clown helps Mumbai kids fight Covid

  • He spends around 15,000 rupees ($205) -- a third of his monthly salary -- on buying costumes, make-up supplies and sanitation equipment.
Published 04 Jun, 2021 10:05am