At the beginning of this year, the labour market was strong. The Straits Times reported that over the past 10 years, local employment had grown steadily to 80.8 per cent with low unemployment at 3.1 per cent according to the Ministry of Manpower. Real wages grew by 3.8 per cent over the last five...

By Olena Mazur   The COVID-19 pandemic is turning out to be the crucible for many businesses and industries. At the onset of lockdowns across the globe, industries such as tourism, hospitality, and aviation were the most visibly hit, with other sectors feeling the strain. ...

NYC’s Summer Youth Employment Program is the nation’s largest youth employment program, historically connecting NYC’s neediest young adults (between the ages of 14 and 24) with a paid work experience every summer. The COVID-19 pandemic threw a wrench into it this summer and it was canceled....

David Cancel Contributor Share on Twitter David Cancel, a five-time entrepreneur and author of the book "Conversational Marketing," is CEO and founder of Drift. More posts by this contributor 3 key secrets to building extraordinary...

Africa-focused tech talent accelerator Andela has let go 135 employees, CEO Jeremy Johnson confirmed to TechCrunch on a call. Senior staff at the company — with offices in New York and five African countries — will also take salary cuts of 10 to 30%. The compensation and staff reductions are a...

Mattress company Casper is shutting down its European operations and laying off 78 people as it focuses on “achieving profitability,” according to a statement by the company. The layoff impacts 21% of its corporate workforce globally. In the statement, the company said that it is winding down...

While much of the employment news coming out these days is brutal and depressing, Citi is bucking the trend, announcing it plans to offer full-time positions to the majority of its 1,500 people who will serve as summer interns this year. The bank, which has 750 interns in the U.S., says any intern...

Alipay is looking to attract workers looking for employment to its platform and is offering contactless job fairs that it says so far 60,000 companies have registered for. Why it matters: Alipay is competing with Meituan and WeChat to gain share in China’s lifestyle services market. The Covid-19...