Exclusive: Finance, tech firms on hiring spree amid coronavirus turmoil - LinkedIn

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 66%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

The coronavirus is roiling global job markets, but the picture is not all gloomy. Finance, technology and consumer goods firms are hiring tens of ...

The coronavirus is roiling global job markets, but the picture is not all gloomy. Finance, technology and consumer goods firms are hiring tens of thousands in the United States and other countries, according to data from Microsoft Corp's professional networking site LinkedIn.

LinkedIn, with over 690 million users worldwide, counts new hires when people add a new employer to their profile. The rate is the number of new hires divided by the total number of LinkedIn members in a country. Hiring in the United States, United Kingdom, France and Italy - which lead the world in coronavirus-related deaths - remains hugely depressed, but is falling less rapidly than a few weeks ago as the countries pass the peak of their epidemics.

Nestle told Reuters it was looking to fill 5,000 full-time U.S. positions in"a variety of levels across corporate and frontline." Record numbers of people have applied for U.S. jobless benefits since mid-March, and the unemployment rate is expected to soar to 16per cent, White House economic adviser Kevin Hasset said this week, from a 50-year low of 3.5per cent before the pandemic hit.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Aviation industry warns of severe cargo capacity shortage amid coronavirus crisisGENEVA (AFP) - The global aviation industry warned on Tuesday (April 29) of a severe cargo capacity shortfall as airlines around the world slash jobs and suffer plunges in profits due to the coronavirus crisis.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »