PYMNTS-MonitorEdge-May-2024

employment

Employment is a relationship between two parties, usually based on contract where work is paid for, where one party, which may be a corporation, for profit, not-for-profit organization, co-operative or other entity is the employer and the other is the employee.

Source: en.wikipedia.org

Census Data: About A Third of Americans Expect Job Losses, Less Pay Or Evictions 
Census Data: About A Third of Americans Expect Job Losses, Less Pay Or Evictions 
December 03, 2020  |  Economy

Data from the Census Bureau’s latest survey indicates that about a third of Americans are anticipating further job loss, pay cuts and evictions due to...

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Weekly U.S. Jobless Claims Rise Slightly To 742,000 Even As Many Face Losing Benefits
Weekly U.S. Jobless Claims Rise Slightly To 742,000 Even As Many Face Losing Benefits
November 19, 2020  |  Economy

New jobless claims ticked upwards last week, with 742,000 people filing for benefits while COVID-19 cases continued to accelerate in the U.S.   The increase for...

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New Unemployment Claims Down 48K To 709K
New Unemployment Claims Down 48K To 709K
November 12, 2020  |  Economy

Another 709,000 Americans filed for first-time unemployment benefits the week ending Nov. 7, a decrease of 48,000 over the prior week. The previous week’s revised...

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Unemployment Drops To 6.9 Pct As Economy Adds 638K Jobs
Unemployment Drops To 6.9 Pct As Economy Adds 638K Jobs
November 06, 2020  |  Economy

The nation’s unemployment rate continued to drop in October, falling to 6.9 percent as employment rose by 638,000. In September, the unemployment rate was 7.9...

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Lloyd’s Bank To Cut 730 Jobs In January
Lloyd’s Bank To Cut 730 Jobs In January
November 04, 2020  |  Personnel

London-based Lloyd’s plans to cut roughly 730 additional jobs as part of its ongoing restructuring plan, which had been put on hold earlier this year...

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UK Retailer John Lewis To Eliminate Hundreds Of Positions
UK Retailer John Lewis To Eliminate Hundreds Of Positions
November 04, 2020  |  Retail

The John Lewis Partnership, as well as the Lloyds Banking Group, have unveiled intentions to eliminate hundreds of positions, according to the BBC. John Lewis...

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Prop 22 Passes To Keeps Uber/Lyft Workers As Contractors In California
Prop 22 Passes To Keeps Uber/Lyft Workers As Contractors In California
November 04, 2020  |  Gig Economy

On Tuesday (Nov. 3), California voters gave the nod to statewide ballot initiative Proposition 22, which allows app-based companies, such as ride-hailing firms and other...

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Uber Weighs Backup Plan If Controversial California Labor Law Stands
Uber Weighs Backup Plan If Controversial California Labor Law Stands
October 21, 2020  |  Gig Economy

Uber is weighing contingency plans that could dramatically shrink its California operations should a ballot campaign aimed at revoking a controversial state labor law fall...

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Reshoring Of US Manufacturing Presents Its ‘Biggest Opportunity in 70 Years’
Reshoring Of US Manufacturing Presents Its ‘Biggest Opportunity in 70 Years’
October 15, 2020  |  B2B Payments

As U.S. businesses enabled by an array of digital capabilities look to overseas markets for new customers post-pandemic, a curious reversal of sorts is happening...

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