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.
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Source: The Straits Times - 🏆 8. / 63 Read more »