Strategy

Nearly 650,000 more women than men dropped out of the job market in September

The US Bureau of Labour Statistics just released September employment figures. Michael Madowitz, an economist at The Centre for American Progress, tweeted a chart that highlights the drastic number of people leaving the workforce, especially women. Based on labour force participation figures, 865,000 women dropped out of the labour force […]
Nearly 650,000 more women than men dropped out of the job market in September
Strategy

22 US cities at risk of losing jobs because of the coronavirus

Brookings Institution published its report of which metro areas could be most affected by a coronavirus-related recession, using Moody’s Investors Service’s analysis of which industries might be hit the hardest. Midland, Texas; Kahului, Hawaii; and Atlantic City, New Jersey, made the top of the list. As businesses struggle during the […]
22 US cities at risk of losing jobs because of the coronavirus
News

Australia’s last fridge factory closes today

Australia’s last refrigeration factory is closing, leaving its 300 staff without jobs. The Electrolux factory in Orange, in central west New South Wales, produced about 1,300 fridges each day and contributed more than $70 million annually to the local economy. Electrolux announced it would close the Orange plant in October […]
Australia’s last fridge factory closes today