Human Resources
U.S. Department of Labor awards nearly $59 million to eliminate exploitive child labor in 19 countries
Secretary of Labor Hilda L. Solis today announced nearly $59 million in grants awarded by the U.S. Department of Labor in fiscal year 2009 to combat exploitive child labor in 19 countries. The grants will help rescue more than 85,000 children from...
Japan's new PM to tackle record jobless rate
TOKYO — Japan's new prime minister on his first day in office on Thursday met labour chiefs to tackle a key challenge for his centre-left government -- bringing down the country's highest jobless rate on record.
Want the world's best wages? Move to Switzerland
It pays to work in Switzerland: employees in Zurich and Geneva have the highest net wages in the world, a study by banking group UBS shows, while those in India's Mumbai take home the lowest.
Japan unemployment hits record high
Unemployment in Japan rose to a record high and consumer prices dropped at an unprecedented pace last month, adding to fears that the country's economic recovery is already stalling under the grip of deflation.
50 injured as commandos storm South Korean car worker protest
A bitter, 76-day protest by recently sacked South Korean autoworkers at the Ssangyong plant near Seoul exploded into an frenzy of violence on the factory roofs today as 100 elite police commandos descended from helicopters to end the siege.
Treasury Secretary Says US Unemployment May Peak in Second Half of 2010
The U.S. unemployment rate may not peak until the second half of 2010, even as the broader economy shows signs of improvement, U.S. Treasury Secretary Timothy Geithner said.
Striking South African municipal workers reject wage offer
JOHANNESBURG — South African municipal workers on Thursday rejected a wage offer aimed at ending a four-day strike amid anti-poverty protests and as the country prepares to host the World Cup.
South African unions mull deal as protests continue
JOHANNESBURG — South African municipal workers downed tools for a third day Wednesday as union leaders readied to mull a revised wage offer, with fresh anti-poverty protests erupting in poor townships.
The Treasury Department is scrapping plans to hire a cartoonist to lighten the mood of its employees who manage the nation's $1.2 trillion debt, after a senator questioned its merits.
Obama team sees jobs growth in health, environment
Jobs in the healthcare and environmental sectors are growing at a faster rate than those of the U.S. economy as a whole, President Barack Obama's Council of Economic Advisers will say a report to be released on Monday.
Tesco comes under union fire on foreign labour
A trade union group has attacked Tesco (TSCO.L), Britain's biggest retailer, over its treatment of workers in some foreign markets, days ahead of an anticipated showdown at its annual meeting with a domestic union.
Yahoo reportedly planning new round of layoffs
Internet giant Yahoo Inc. is planning a new round of job cuts that could affect several hundred employees, according to a person with knowledge of the matter.
FedEx Named One of Asia’s Best Employers
FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, has been named by Hewitt Associates as one of Asia’s top 25 Best Employers. In addition to this overall regional-level recogniti...
Latin American workers win $2.4-million award
Foreign workers who complained of substandard pay and housing while working on the Canada Line have won a $2.4-million discrimination award against their employers. However, it is not clear that they will be able to collect.
CTV plans layoffs, cuts as it braces for slump
A week after its biggest rival announced layoffs, CTV Inc. is preparing to cut costs across its network by chopping discretionary expenses, imposing a hiring freeze and eliminating jobs.
CanWest cuts 560 jobs, five per cent of workforce, in financial streamlining
TORONTO — Cost pressures and plunging share prices prompted Canadian publisher and broadcaster CanWest Global Communications Corp. (TSX:CGS) to cut 560 jobs - about five per cent of its workforce - Wednesday as the company faces a rougher economy ...
UBS to cut 2,000 more investment banking jobs
ZURICH (Reuters) - UBS AG will reorganize its troubled investment bank, closing most of its commodities business and cut a further 2,000 jobs, the bank said on Friday, responding to the continuing crisis in financial markets.
Anti-terror tech firm cites debt, axes jobs
Ottawa-based Allen-Vanguard Corp., a maker of technology to thwart terrorist attacks, said yesterday it will cut 15 per cent of its staff and close offices under a cost-cutting plan linked to debt worries.
HP set to cut workforce by 24,600
Hewlett-Packard (HP), the world's largest computer company, says it plans to cut 24,600 jobs, almost 8% of its workforce, to streamline its business. The cuts will take place over the next three years as it combines operations with Electronic Data...
Boeing, machinists talks fail; Union to strike
SEATTLE—Despite a 48-hour contract extension, negotiations between Boeing Co. and Machinists union officials failed Friday and the union said a strike was set to begin at 12:01 a.m. PDT Saturday. When the talks broke off, the union sent out a mess...