Beyonce’s ‘Break My Soul’ is an ode to the Great Resignation

Beyoncé released a new single, “Break My Soul,” on Monday. The song references quitting a job and employee stress, alluding to the recent Great Resignation trend. Larry Busaca | PW18 | Getty Images The Great Resignation is part of the zeitgeist. If you need proof, just ask Beyonce. The superstar singer’s new single, “Break My … Read more

Inflation expectations hit record levels in May, New York Fed says

People shop in a supermarket as inflation affected consumer prices in Manhattan, New York City, US, June 10, 2022. Andrew Kelly | Reuters Consumer expectations for inflation and spending in the year ahead both hit record levels in May, the same month prices rose at their fastest pace since late 1981, the New York Federal … Read more

Major changes coming to jobseeker payments as Centrelink opts for points-based system

Australian jobseekers will need to earn 100 points a month by completing tasks and activities to keep receiving welfare payments. A major overhaul to Centrelink’s Jobseeker program will affect the way unemployed Australians receive their welfare payments. From July 1 Centrelink recipients who are required to complete the process of mutual obligations – aimed at … Read more

Fear and confusion among Australian workforce as ‘dramatic’ changes to Centrelink mutual obligations loom

Cherie Grant has spent the past week frantically searching for answers. Key points: Nearly 800,000 Australian job seekers are about to be moved to a new service called Workforce Australia A new points-based system for mutual obligations is also coming in Welfare advocates say there is very little awareness about how the new system will … Read more

Sri Lanka’s economic crisis threatens its dollar-earning IT firms | Business and EconomyNews

Colombo, Sri Lanka–There have been days when cybersecurity professional Asela Waidyalankara and his colleagues have sat in hotel lobbies to complete projects during power outages. Other days, they have run around Colombo looking for fuel for generators so they could work from home. “We have a buddy system at the company to inform each other … Read more

Jobs report May 2022:

The US economy added 390,000 jobs in May, better than expected despite fears of an economic slowdown and with a roaring pace of inflation, the Bureau of Labor Statistics reported Friday. At the same time, the unemployment rate held at 3.6%, just above the lowest level since December 1969. Economists surveyed by Dow Jones had … Read more

US economy shrank by 1.5% in the first three months of 2022 | Business and EconomyNews

The United States economy shrank in the first three months of the year even though consumers and businesses kept spending at a solid pace, the government reported on Thursday, in a slight downgrade from its previous estimate for the January-March quarter. Last quarter’s drop in the US gross domestic product — the broadest gauge of … Read more

Australia’s unemployment rate drops to lowest since 1974 | Business and Economy

Jobless figures provide boost to Prime Minister Scott Morrison days out from a closely fought election. Australia’s unemployment rate has hit its lowest point in almost 50 years, giving a potential boost to Prime Minister Scott Morrison’s reelection prospects days out from a closely fought vote. The country’s jobless rate stood at 3.9 percent in … Read more

CBS Evening News, May 6, 2022

CBS Evening News, May 6, 2022 – CBS News Watch CBS News U.S. giving intel to help Ukrainian defense; Horse that never won a race won many hearts Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On

US Hiring Likely Kept Up Strong Streak in April Despite Inflation – NBC Chicago

For the past year, America’s job market has run like a well-engineered machine, adding an impressive average of 540,000 workers a month despite a punishing inflation rate, Russia’s ruinous war against Ukraine, a still-risky pandemic, jittery financial markets and the prospect of much higher borrowing costs. Hiring gains have topped 400,000 every month since May … Read more