News Analysis Despite a decades-long drumbeat among some fields of thought that robotics will steal jobs from workers, a 2021 study from Management Science points to the opposite—to a certain extent. Investments in robotics predicts improved performance at companies, according to the researchers. This can lead to an increase in demand for the firm’s products…
Florida Job Growth Continues to Outperform the Nation
Florida now has experienced 20 consecutive months of job growth and 14 consecutive months of labor force increases, the state’s Department of Economic Opportunity reports. The state continues to outperform national figures. In December 2021, the labor force was up 29,000 from the previous month, bringing the total number of people employed in the month…
Consumer Goods Giant Unilever Cutting 1,500 Management Jobs
LONDON—Unilever, which makes Vaseline skin care products and Ben & Jerry’s ice cream, says it is laying off 1,500 staff as part of a company-wide restructuring. The proposed changes mean that senior management jobs will be cut by about 15 percent while junior management roles will be reduced by 5 percent, it said Tuesday. The…
Arizona, Texas Have Recovered All Jobs Lost During Pandemic
Arizona and Texas have recovered all jobs lost during the CCP (Chinese Communist Party) virus pandemic, thanks to an influx of coastal urbanites and businesses into the state in recent years. These two states have now joined the ranks of Idaho and Utah for a full jobs recovery. The latest statewide data from Texas, dating…
Answering the Scariest Question of a Job Interview
“So, what is your desired salary?” This is a question that can make any job candidate’s stomach drop, whether they’re reading it on an application or hearing it from an interviewer. You don’t want to give a lowball answer, but you also don’t want to seem like you have unrealistic expectations. Before you can give…
Statistics Canada Says Economy Added 55,000 Jobs in December, Unemployment Rate 5.9%
OTTAWA—The Canadian economy added 55,000 jobs in December before COVID-19 cases began spiking at the end of the month, Statistics Canada said Friday. The agency said in its labour force survey that the increase in the number of people working came as the unemployment rate edged down to 5.9 percent compared with 6.0 percent in…
Wall Street Opens Flat After Soft Jobs Data
Wall Street’s main indexes opened largely flat on Friday after data pointed to weaker-than-expected job growth, while a rise in wages fueled concerns about higher inflation. The Dow Jones Industrial Average rose 13.12 points, or 0.04 percent, at the open to 36,249.59. The S&P 500 opened higher by 1.61 points, or 0.03 percent, at 4,697.66,…
Here Are the Jobs Americans Are Quitting Most in the ‘Great Resignation’
A record 4.5 million American workers quit their jobs in November as part of what economists are calling the “Great Resignation.” But while Americans are quitting their jobs in droves, certain types of jobs are responsible for the lion’s share of departures. The Numbers The latest monthly round of resignations coincided with the discovery of…
BMW to Create up to 6,000 New Jobs Next Year: CEO
BERLIN—Germany’s BMW plans to create up to 6,000 new jobs next year to prepare for the growing demand for its electric vehicles, the carmaker’s chief executive told daily Muenchner Merkur. BMW is on a very good path through the transformation and has its plants prepared for e-mobility, Oliver Zipse was quoted as saying in an…
Telefonica Reaches Agreement to Cut About 2,700 Jobs in Spain
December 28, 2021
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MADRID—Spain’s Telefonica has reached an agreement with labor unions to cut some 15 percent of its domestic workforce via voluntary redundancies in a plan estimated to cost it 1.5 billion euros ($1.7 billion) this year, the telecoms group said on Tuesday. The plan to cut around 2,700 jobs in an increasingly competitive market in early…
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