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BusinessGlobal Remote Talent: An International Solution to Local Labour Shortages
InvestingU.S. Stocks Slip, Treasury Yields Rise and Dollar Sprints After Strong U.S. Jobs Data
U.S. Job Growth Surges in July as Labor Market Defies Recession Fears
Date: August 5, 2022
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth unexpectedly accelerated in July, lifting the level of employment back to its pre-pandemic level, the strongest evidence yet that the economy was not in recession. The Labor Department’s closely watched employment report on Friday also showed employers continuing to raise wages at a strong clip and...
European Shares Fall as Energy Stocks Weigh; Focus on U.S. Jobs Data
Date: August 5, 2022
By Bansari Mayur Kamdar (Reuters) – European shares edged lower on Friday as crude prices continued to weigh on energy stocks, with all eyes on U.S. jobs data expected later in the day. The pan-European index STOXX 600 was down 0.1% amid worries that the U.S. Federal Reserve’s aggressive pace of rate hikes would slow...
Dollar Edges Higher Ahead of U.S. Jobs Data
Date: August 5, 2022
By Samuel Indyk LONDON (Reuters) – The U.S. dollar edged higher on Friday, attempting to recoup some losses after its sharpest daily drop in more than two weeks, as traders turned their attention to U.S. jobs data for further clues about the strength of the economy. The U.S. dollar index, which measures the greenback against...
Adecco Q2 Revenue Rises as Hunt for Skilled Workers Heats Up
Date: August 4, 2022
By John Revill ZURICH (Reuters) -Staffing and training group Adecco reported a 13% increase in second-quarter revenue on Thursday, as employers intensified the search for skilled workers and hired more permanent staff. The battle for talented employees has also driven up wages, which have also increased to offset rising inflation, Chief Financial Officer Coram Williams...
4 Tips to Reduce the Spiralling Cost of Employing Staff in SMEs
Date: August 3, 2022
By Stefano Maifreni, Founder & DirectorFounder & Director Eggcelerate With the cost of living continuing to rise, businesses are looking for ways to reduce their operating costs and increase profitability. Many SMEs have found that they can do this by reducing the cost of employing staff. However, with minimum wages increasing and employee benefits such...
Polish Manufacturing Slump Deepens as Output Plunges -PMI
Date: August 1, 2022
WARSAW (Reuters) – The downturn in Polish manufacturing accelerated in July, a survey showed on Monday, as output and new orders fell sharply due to an uncertain economic outlook and high inflation. S&P Global’s Polish Manufacturing Purchasing Managers’ Index (PMI) fell to 42.1 in July from 44.4 in June, below the 50.0 line that separates...