Sentences with phrase «many of the job losses»

Earlier this year, senior deputy Bank of Canada governor Carolyn Wilkins warned of job losses and greater income inequality stemming from AI and robotics, though she expects these technological developments to eventually create more jobs than they replace.
Blockchain technology would also potentially mean a huge number of job losses, especially in middle - and back - office functions.
Two more years of economic pain Australia faces a longer period of low growth, higher debt and higher unemployment than predicted just four weeks ago as the wave of job losses gathered strength, with clothing manufacturer Pacific Brands axing 1850 staff across the country.
When workers at a steel mill in Dongguan rioted after learning about a new round of job losses, the mob beat a senior manager to death.
Advisers have traditionally recommended holding three months» take - home pay in cash at all times in case of job loss.
Time and again the German auto - industry — the largest in the country — has been able to brandish the threat of job losses if legislation contrary to its interests is passed.
There is a real risk of job loss due to a higher minimum wage.
While men sustained more than 70 % of the job losses during the recession, new numbers from the National Bureau of Economic Research in the U.S. suggest that through 2010, male employment rates increased and eventually surpassed those of women.
Bank employees are attempting to minimize the scope of job losses as the government pushes for consolidation, says Sasha Riser - Kositsky of Eurasia Group.
But in the early 1980s recession, youth suffered a 69 % share of job losses.
«Women have little recourse but to keep silent out of fears of job loss or impairing their careers,» she says.
«We're going to feel the pinch,» says Armine Yalnizyan, the senior economist at the Canadian Centre for Policy Alternatives, who predicts another wave of job losses.
Examined this way, much of the possible routes of job loss are eliminated.
Horter advises having a minimum of six and preferably 12 months in a money market account or laddered CDs to cover monthly expenditures in the case of a job loss or illness.
Walter Kemmsies, managing director, economist and chief strategist at JLL Ports Airports and Global Infrastructure, notes that that many of the job losses that are popularly blamed on NAFTA would likely have taken place even in the absence of NAFTA, in part because of growing competition from China - based manufacturers, many of which have taken advantage of currency manipulation by the Chinese government that has rendered China - made products more price - competitive in the U.S. Likewise, Mauro Guillen, head of Wharton's Lauder Institute, agrees that without NAFTA, many American jobs that were lost over this period would probably have gone to China or elsewhere.
If a drop in income put you in a lower tax bracket this year, perhaps because of a job loss or just a temporary gap in employment, you may want to consider converting money from a traditional individual retirement account to a...
As usual, it generated some controversy, dismissed by the Government over the impact of the job losses resulting from the proposed spending reductions, but embraced by the Opposition, for acknowledging the job losses.
A CVA, a type of insolvency process that allows companies to shut stores and drive down rents, could lead to swingeing cuts to the retailer's 59 - strong store estate and trigger hundreds of job losses.
Having the ability to pause payments in the event of job loss gives borrowers some breathing room.
The findings suggest London will comfortably remain Europe's largest financial centre, at least in the short term, boosting supporters of leaving the EU, who say the threat of job losses from one of Britain's biggest industries was exaggerated.
The middle third — occupations in fields like construction, manufacturing and information, with median hourly wages of $ 13.84 to $ 21.13 — accounted for 60 percent of job losses from the beginning of 2008 to early 2010.
Lower - wage occupations, with median hourly wages of $ 7.69 to $ 13.83, accounted for 21 percent of job losses during the retraction.
In the case of a job loss or other unforeseen event, the bank can take your hard - earned equity, and will be more willing to do so if you have a very low loan balance compared to the home's value.
Nonetheless, Canadians trying to imagine how a broad economic downturn could play out should pay attention to what's happening on the Prairies, where high house prices, soaring personal debt levels and an unexpected wave of job losses proved to be a toxic mix.
According to Bankrate, 24 % of Americans have nothing in savings in case of a job loss or an unexpected illness.
According to W. Bradford Wilcox, the director of the National Marriage Project at the University of Virginia, the gender imbalance of the job losses in this recession is particularly noteworthy, and — when combined with the depth and duration of the jobs crisis — poses «a profound challenge to marriage,» especially in lower - income communities.
But, I did see a lot of job losses around me, close friends getting hurt bad and I myself barely scraping through..
They went through a lot of suffering with undervalued houses... especially with the threat of job losses hanging over their head.
Greetings, The United States: Here is an estimate of job losses by state if the US withdraws from NAFTA.
If you're speaking in terms of the job loss only, it's a simple concept.
Granted, it carries the risks of job loss and accusations of disloyalty.
«(Press reports of job losses at Bain Capital - invested companies: ADAP / Auto Palace: -20 jobs; AMF Bowling: -271 jobs *; AMPAD: -385 jobs; Closings Ltd.: -30 jobs; Dade International: -1,700 jobs; Ddi: -2,100 jobs *; EduServ Technologies: -400 jobs; FTD: -205 jobs; GS Industries: -750 jobs *; GT Bicycles: -100 jobs *; Handbag Holdings: -206 jobs; Holson Burnes: -294 jobs; The Learning Company: -500 jobs; LIVE Entertainment: -40 jobs; Midwest Of Cannon Falls: -40 jobs; MotherCare Stores: -100 jobs; Physio Control: -50 jobs; Transtar: -1,000 jobs; Waters Lab Technologies: -70 jobs; Wesley Jessen: -600 jobs)»
Of course, the widespread social benefits of vigorous competition make it appropriate for a society to use public - and private - sector initiatives to cushion the most vulnerable people from the worst effects of job loss.
In addition, almost 450 Victorian jobs1 are under threat from the container deposit tax in drink manufacturing, distribution and packaging hubs, including those around Shepparton, Niddrie, Altona, Broadmeadows and Carrum, who will be most at risk of job losses.
In addition, 400 NSW jobs1 are under threat from the container deposit tax in drink manufacturing, distribution and packaging hubs, including those around Auburn, Campbelltown, Penrith, Parramatta and Smithfield, who will be most at risk of job losses.
Things are less than sweet for biscuit maker Byron Bay Cookie Company, with voluntary administrators appointed to the company on Friday and unconfirmed reports of job losses.
Thank you for sharing your personal story of the job loss.
The age of your child plays a big role in how you approach the topic of job loss — after all, small children won't understand if you start talking about layoffs, downsizing, or the economy.
Teachers are buckling under the pressure of increased workload and the threat of job loss, and morale is at an all - time low.
The CEOs of both companies also said that any talk of job losses would simply be «pure speculation.»
Lisa Nandy, the MP for Wigan, warned that losing ground in Bolton, Dudley and her own seat of Wigan underlined the fact that Labour's message was failing to appeal to voters in towns where years of job losses had eroded the sense of community.
A previous study showing that a compulsory living wage would result in 160,000 job losses overestimated the threat of job losses and failed to take into account the economic stimulus that higher pay would give the economy, according to Reed.
This is a dramatic change and will lead to hundreds of job losses.
«Suddenly, it is seized with panic and doubles the scale of job losses before it has even got approval from the Treasury to pay the redundancy bills.
The re-emergence of the crisis has taken about three years and has led to many businesses collapsing, dozens of job losses, even deaths.
The Telegraph cites senior pro-Brexit figures who reacted furiously to what they saw as an attempt by Business Secretary Greg Clark — known to be in favour of Number 10's plan — to reignite «Project Fear» during a weekend interview where he raised the threat of thousands of job losses.
Upstate New York, like the rest of the country, has suffered through decades of job losses in manufacturing.
While the policy brings a possibility of job loss, Kubik said it is difficult to say in the future how many people will be affected.
«There are lots of questions about how we deliver this (consolidation) and what are the savings, what sort of job losses are there, and will we lose the local control we have,» Walsh acknowledged.
Meanwhile, a Chartered Institute of Personnel and Development (CIPD) survey released on Monday predicted that the general election campaign would take place with a backdrop of job losses.
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