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US economyUS adds 194,000 September jobs in another month of disappointing growthDelta variant and tight labor market holding back hiringEconomists had expected about 500,000 new jobs Dominic Rushe@ …
Continue reading …Canada’s economy added 157,000 new jobs last month, Statistics Canada says, enough to put employment back above where it was before the pandemic started.
Continue reading …Insurance industryFederal court rules insurers don’t have to pay out more than $1bn in Covid claims from businessesJudge finds insurance firms don’t have to grant claims under clauses that relate to the government closing business premises due to a disease outbreak Get our free news app; get our morning email briefing Ben ButlerFri 8 Oct 2021 05.20 EDTLast modified on Fri 8 Oct 2021 06.08 EDTInsurance companies have won a series of test cases in a federal court battle over whether they have to pay out claims, estimated to exceed $1bn, over interruptions to business as a result of the coronavirus pandemic.Federal court judge Justice Jayne Jagot ruled the insurance companies should not have to pay claims made under clauses that relate to the government closing business premises due to an outbreak of disease at or nearby the premises, damage for an outbreak at the premises itself and damage due to restriction of access to premises because of a catastrophe.Jagot said that other than in one of the test cases – a travel agency in Melbourne, where there was an outbreak of Covid – “I have concluded that these insuring clauses do not apply in the circumstances of each case.”Mice, floods and the climate crisis: why your insurance won’t cover society-wide catastrophes | Richard DennissRead moreShe said in nine cases before the court the actions of health authorities in closing down …
Continue reading …Economic data on Friday is expected to show that job growth picked up in September but remained suppressed by the latest coronavirus wave, which led Americans to avoid restaurants and travel and made some reluctant to rejoin the work force. Economists surveyed by FactSet expect the report, released by the Labor Department, to show that […]
Continue reading …Federal Reserve officials are likely to keep a keen eye on Friday’s employment report, as their two jobs — trying to foster full employment while also keeping a lid on inflation — increasingly prove to be a balancing act. Jerome H. Powell, the Fed chair, and his colleagues have been pumping $120 billion into markets […]
Continue reading …Seniors and graduates are again in demand as companies revive recruiting, underscoring the economic premium that comes with a diploma. Trevaughn Wright-Reynolds, a senior at Colby College in Maine, expected a lengthy job search when he returned to campus in August. “I wasn’t sure how much interest I was going to get,” he said. “I […]
Continue reading …TechnologyCalifornia companies can no longer silence workers in victory for tech activistsSilenced No More Act makes it illegal for firms to prevent employees from speaking out about harassment or discrimination Kari PaulFri 8 Oct 2021 03.00 EDTLast modified on Fri 8 Oct 2021 03.02 EDTIn a major victory for Silicon Valley activists and California workers, the governor has signed a law making it illegal for companies to bar employees from speaking out about harassment and discrimination.The new law is the result of hard-fought advocacy work by those in the tech industry who have long spoken out against the restrictive confidentiality arrangements, known as nondisclosure agreements or NDAs, which are intended to protect industry secrets but which has created a culture of silence around wrongdoing.NDAs often keep incidents of harassment and discrimination under wraps, forcing employees to keep quiet or face legal actions and fines. They became a point of debate after the #MeToo movement, when it was revealed that Harvey Weinstein used such contracts to keep his victims from speaking out.She sued for pregnancy discrimination. Now she’s battling Google’s army of lawyersRead more“This act is a huge step in the right direction in eliminating cultures of secrecy around misogyny and racism in the workplace, especially in California’s tech industry,” said Veena Dubal, an associate professor of law at the University of California, Hastings, and tech worker advocate.The Silenced No More Act was co-sponsored by …
Continue reading …IrelandIreland ends 12.5% tax rate in OECD global pactLow-tax policy of past 18 years had attracted multinationals such as Google and Facebook to Dublin What does the Irish tax deal mean for multinationals? Lisa O’Carroll in Dublin@ …
Continue reading …MediaAT&T funds rightwing channel One America News, Reuters revealsOAN founder said the inspiration for the channel came from AT&T executives but the company disputes the reports S …
Continue reading …Canada is facing a potential wave of terminations tied to mandatory workplace vaccine policies as a growing number of employers require workers to be fully inoculated against COVID-19 — or risk losing their jobs, legal experts say.
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