The Body Shop collapses into administration in UK, puts over 2000 jobs at risk
Cosmetic chain The Body Shop has collapsed into administration in the UK, leaving more than 2,200 jobs at risk.
Key economic report shows 14 million jobs worldwide will vanish in the next 5 years
Geneva: The Future of Jobs Report 2023 suggests that almost a quarter of jobs (23%) are expected to change in the next five years through growth of 10.2% and decline of 12.3%.
COVID-19 pandemic to hit hard 220 mln young workers in Asia-Pacific: ADB
Manila/Xinhua: The COVID-19 pandemic will hit hard nearly 220 million young workers aged 15 to 24 in Asia-Pacific region, according to a report released by the Asian Development Bank (ADB) on Tuesday.
-1586414436.jpg "COVID-19: impact could see 195 million job losses, says ILO chief")
COVID-19: impact could see 195 million job losses, says ILO chief
New York/IBNS: The rapidly intensifying economic effects of COVID-19 on the world of work are proving to be far worse than the 2008-9 financial crisis, with cutbacks equivalent to nearly 200 million full-time workers expected in the next three months alone, the UN labour agency said.
25 million jobs at risk with airline shutdown: International Air Transport Association
Geneva/IBNS: The International Air Transport Association has released new analysis showing that some 25 million jobs are at risk of disappearing with plummeting demand for air travel amid the COVID-19 crisis.
Almost 25 million jobs could be lost worldwide as a result of COVID-19, says ILO
New York/IBNS: The economic and labour crisis created by the COVID-19 pandemic could increase global unemployment by almost 25 million, according to a new assessment by the International Labour Organization (ILO).
New York/IBNS: As dire forecasts about the global economy add to the anxiety surrounding the COVID-19 pandemic, the UN’s labour agency (ILO) on Thursday offered a range of urgent measures, which, if governments act quickly, can help to protect workers in the workplace, stimulate the economy and save millions of jobs.
Devise back up minimum income schemes for those losing jobs due to automation: ASSOCHAM-PwC Paper
New Delhi, Apr 30 (IBNS): With the Indian IT and other industries facing some of the daunting challenges from protectionism in the US and Artificial Intelligence (AI), an ASSOCHAM-PwC study has made out a strong case for government –industry schemes which ensure a minimum income to those displaced , along with basic health facilities for the families in stress.