Economy
12 articles
Labor shortage impacts small businesses, hindering talent attraction efforts
In June, 32 percent of small business owners reported job openings they simply could not fill.
CompTIA: Tech jobs fuel significant Canadian employment gains
In 2022, Canada's tech sector employed over 1.
Small business optimism rises despite inflation and regulatory challenges.
Over 5 million new business applications have been filed every year since 2021, signaling a powerful entrepreneurial drive in the American economy.
Tech Industry Layoffs Accelerate, Sparking Wider Economic Concerns
In May, AI was cited as the leading reason for 38,579 job cuts across U.
California Prepares for AI's Economic Disruption
This year alone, companies have announced nearly 50,000 job cuts directly linked to artificial intelligence, a stark indicator that the future of work is already being reshaped.
Gardenia retrenches Singapore workers as production shifts to Malaysia
On June 30, 2026, Gardenia Foods (S) Pte Ltd will cease bakery production at its Pandan Loop facility, leading to the retrenchment of 141 employees, according to Singapore Business Review .
Spirit Airlines lays off 999 Nevada workers, impacting Las Vegas jobs
Nearly 1,000 Spirit Airlines employees in Las Vegas, including 772 flight attendants, were laid off as the airline permanently ceased operations at Harry Reid International Airport.
Spirit Airlines cancels flights, leaving thousands of employees jobless
Spirit Airlines employees' health insurance was cut off on Saturday, May 2, 2026, just hours after the airline ceased operations following a failed $500 million federal bailout, according to WPLG Loca
College Graduates Enter Non-Degree Jobs Amid Economic Headwinds
Nationally, 42.5% of recent college graduates are working in jobs that do not require a degree, marking the highest rate recorded since October 2020, according to The Kansas City Beacon . This statist
Malaysia faces persistent layoffs, government monitors trend
In the first 16 days of April 2026, 4,708 Malaysians lost their jobs.
UAE: Global Leader in Entrepreneurship for 5th Year
Over 20% of adults in the UAE are actively starting or running a new business.
College Grads Face Tougher Job Market Than Expected in 2026
The unemployment rate for recent college graduates has risen to near 6 percent, marking its highest level in over a decade, excluding the 2020 pandemic spike, according to The Atlantic .