jobs

Smartphones to be Produced in India

Smartphones to be Produced in India

India has been growing an interest in developing smartphones but is up in the air right now since there is a lack of skilled labor and suppliers as well as a complex tax regime. Under the slogan ‘Make in India’, the Prime Minister aims t..

Monarch Airlines cancels Holiday Flights

Monarch Airlines cancels Holiday Flights

Monarch Airlines cancelled hundreds of thousands of holiday flights due to the intense competition for flights and a weaker pound. 900,000 passengers were affected included more than 100,000 that were already abroad. 750,000 future bookings were can..

Job Growth Slows in August

Job Growth Slows in August

The U.S. economy created less-than-expected jobs in August and unemployment rate edged higher from a 16-year low.According to a report released by the Bureau of Labor Statistics, the U.S. employers added 156,000 jobs in August and the unemployment r..

U.S. Jobless Claims Increased by 1,000 to 236,000

U.S. Jobless Claims Increased by 1,000 to 236,000

The number of Americans filing for unemployment benefits increased last week, but it still remains at a very low level and suggests a healthy labor market conditions.Initial claims for unemployment benefits increased by 1,000 to a seasonally adjuste..

More Finance Jobs May Be Created As a Result of Automation

More Finance Jobs May Be Created As a Result of Automation

There are serious concerns that automation will lead to millions losing their jobs. Countries and governments will have to implement procedures as well as contingency plans to deal with the outcome of automation. According to a recent report however..

Dollar Rises with US Job Openings at Record High

Dollar Rises with US Job Openings at Record High

The dollar rose to a one-week high on Tuesday after the Labor Department reported that U.S. job openings have a reached a record high in June.The Labor Department said on Tuesday that job openings, a measure of labor demand, increased 461,000 to a s..

Deutsche Bank Moves $350 Billion to Frankfurt

Deutsche Bank Moves $350 Billion to Frankfurt

Deutsche Bank AG (NYSE: DB) plans to shift about $350 billion from the U.K. to Frankfurt as client trading and assets migrate there after Britain’s decision to leave the European Union. This project is called Bowline and calls for Frankfu..