The government in Thailand plans to raise the daily minimum wage by 14%, reaching 400 baht ($10.88) by October 1.…
Germany is poised to witness a significant rise in unemployment, reaching levels not seen since 2015, with an expected peak…
Barclays Bank has embarked on a significant restructuring process, reducing its global workforce by 5,000. This decision forms part of…
South Africa is facing a pressing unemployment crisis, with a staggering rate nearing 33%. This alarming figure has prompted the…
Rolls-Royce, the renowned engineering giant, has unveiled plans to cut up to 2,500 jobs worldwide in a bid to create…
The UK's economy is ailing, and this isn't just a figure of speech. More Britons than ever are out of…
IBM CEO Arvind Krishna disclosed that the company expects around 7,800 jobs to be replaced by AI within the next…
Following 3 years of strict controls to stifle the spread of Covid-19, the Chinese economy is now ready to rebound,…
Nestle, one of the world’s largest food and beverage companies, is planning to increase prices again this year as they…
The UK chancellor, Rishi Sunak, has just announced the government’s latest scheme to save people’s jobs from the ongoing Coronavirus…
The unemployment rate in the UK has risen to its highest level in two years, with an official figure of…
Biscuit fans beware, if either Jamie Dodgers or Wagon Wheels are amongst your favourites, the followings news may be distressing.…
According to research from Oxford Economics in 2019, up to 20 million manufacturing jobs could be replaced by robots by 2030.…
According to data released by the US Labour Department, new unemployment claims for the week ending August 15th stood at…
The results are out for the economic impact that Covid-19 has had on the world’s major economies in the first…
Governments need to keep track of their spending just like we all do. If they spend more than they earn,…
The aviation industry has been one of the hardest hit by Covid-19. With countries closing borders and people ordered to…
Josh Frydenberg, the Australian Treasurer, announced on Wednesday that the economy is likely to have shrunk by as much as…
The economic impact of Covid-19 has been devastating and wide-reaching. One country which is suffering significantly is South Africa, where…
As the world’s economies continue to reel from the damage caused by the spread of Covid-19, Supercar manufacturer McLaren is…
Whilst India was initially praised for their response to the Covid-19 crisis by organising a mass lockdown that effectively took…
The inflation rate in Canada entered negative territory in April, as year-on-year inflation was measured at -0.2%. This essentially means…
With unemployment levels soaring across the world, the ILO (International Labour Organisation) released a policy brief which outlined the steps…
India, the second largest country in the world with a population of 1.35 billion people, has now been in lockdown…
In April, the UK government launched an unprecedented job retention scheme to combat the economic fallout of the coronavirus on employment. Under the…
Since the US economy was essentially shutdown four weeks ago, the economic fallout has been tremendous and devastating. With businesses…
The economic impact of the coronavirus is unprecedented and far-reaching. People all over the world have been affected in some…
The global fashion industry, valued at over US$2 trillion, has been hit extremely hard by the worldwide spread of Covid-19,…
The government of Singapore has announced an additional US$3.6 billion to support the economy as the city state sees coronavirus…
Clothing workers in Bangladesh, the South Asian country which is only second place to China in the global manufacturing of…
As of Wednesday this week, national minimum wage in the UK has increased by 6.2% for those aged 25 and…
In yet another unbelievable day of economic policy in action, the chancellor of the exchequer, Rishi Sunak, announced yesterday the…
It’s not all doom and gloom! Well… it is mostly. But with all the negative economic news in the last…
The British Home Secretary has suggested the training and upskilling of the economically inactive in order to fill the large…
For the last two years, a dark cloud has been over Argentina as they contend with a serious economic crisis.…
The economic impact of the coronavirus is still a guessing game at the moment, but one thing is for sure:…
Hungary, a land-locked country of 9.7 million people nestled between Austria and Romania, is not a country which receives a…
China, the world leader in high-speed rail technology, has just opened a new 172km route which hurtles passengers across the…
The official unemployment rate in the US has fallen to 3.5%, an unprecedented low which has not been seen since…