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Monday, October 13, 2025
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Jobs boost for US as lockdown easing sees millions back at work

The US unemployment rate fell unexpectedly in May to 13.3%, still on a par with what the nation witnessed during the Great Depression, as...

Rolls-Royce to cut at least 9,000 jobs amid aviation crisis

Aerospace giant Rolls-Royce has said it plans to cut at least 9,000 jobs after the aviation industry was hit hard by the coronavirus pandemic. It...

UK unemployment claims surge after coronavirus hits labour market

UK unemployment claims soared by more than 69% in April after the coronavirus lockdown gripped the labour market, official figures revealed. Britain's Office of National...

Uber cuts 3,000 jobs as virus slashes payroll numbers by 25%

Uber has cut 3,000 jobs from its workforce, its second major wave of layoffs in two weeks as coronavirus slashed demand for rides. The San...

British Airways boss Willie Walsh urged to put redundancy plans ‘back in the hold’

British Airways must put its plans to make staff redundant “back in the hold”, the chairman of the Transport Select Committee has said. Conservative Huw...

US unemployment rate soars to 14.7%

The US unemployment rate hit 14.7% in April, the highest since the Great Depression, as 20.5 million jobs vanished in the worst monthly loss...

More than 33 million apply for US unemployment benefits

Nearly 3.2 million laid-off workers applied for unemployment benefits last week as the business shutdowns caused by the coronavirus outbreak deepened the worst US...

Boeing to cut 10% of workforce after reporting large losses

Boeing is cutting about 10% of its workforce to deal with a downturn in business that started with the grounding of its best-selling jet...

Jingye set to save British Steel plant, and 4,000 jobs

A Chinese industrial giant is set to come to the rescue of British Steel within days, buying out its embattled plant in Scunthorpe in...

Nissan to axe 12,500 jobs in bid to cut costs

Nissan is slashing 12,500 jobs, or about 9% of its global workforce, in an effort to cut costs and achieve a turnaround amid tumbling...

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