Browsing: employment

CAIRO: The World Bank Group has approved US$1 billion in new financing for Egypt to support private sector-led job creation, bolster macroeconomic and fiscal resilience, and advance measures tied to a greener economy, marking the latest multilateral backing for the

TOKYO: Japan’s unemployment rate rose to a seasonally adjusted 2.7% in January from 2.6% in December, marking the first increase in five months, government data showed. The rise came as the number of people in work edged lower and the

TSHWANE: South Africa’s official unemployment rate fell to 31.4% in the fourth quarter of 2025, its lowest level since the third quarter of 2020, according to Statistics South Africa’s Quarterly Labour Force Survey released on Feb. 17. The rate eased

MENA Newswire, NEW DELHI: The World Bank Group has committed to provide India with USD 8 billion to USD 10 billion in financing each year over the next five years under a new Country Partnership Framework, expanding support for economic

Meta is laying off approximately 3,600 employees, accounting for about 5% of its workforce, as part of its ongoing restructuring efforts in 2025. The layoffs, which began on February 10, are being classified by the company as “performance terminations,” targeting

MENA Newswire News Desk: Artificial intelligence (AI) is expected to transform industries globally by creating new job opportunities rather than eliminating them. According to the World Economic Forum, AI is projected to generate 97 million new jobs by 2025, even