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Excluding Stelco employees, most laid off workers have six months to acquire a job while collecting unemployment insurance. After that, they must go on welfare and continue their job search from there. May 2009 Canadian unemployment rate: 8.4%; September 2009 Canadian unemployment rate: 8.7%; November 2009 Canadian unemployment rate: 8.6% [25]
After a dramatic spike in layoffs in 2022 and 2023, a handful of tech companies are trimming staff once again.. Meta cut roughly 5% of its staff this week, letting go of more than 3,000 employees ...
The layoffs come soon after a federal judge in Massachusetts allowed the Trump Administration to proceed with an offer for federal employees to leave their jobs with the promise of continuing to ...
But Friday morning, the Bureau of Labor Statistics reported that the U.S. added 517,000 jobs in January, while the unemployment rate fell to 3.4%, the lowest it's been in five decades. In total, 5 ...
As the year's final quarter is coming to a close, some of the world's largest companies are announcing significant layoffs. Meta Platforms, Inc., Amazon.com, Inc. and Twitter, Inc are just a few...
After experiencing layoffs, some workers at CD Projekt Red formed a union on October 9, 2023. [160] According to the union, these layoffs caused significant stress and insecurity among workers, leading to the need for better protection and representation.
The Worker Adjustment and Retraining Notification Act of 1988 (the "WARN Act") is a U.S. labor law that protects employees, their families, and communities by requiring most employers with 100 or more employees to provide notification 60 calendar days in advance of planned closings and mass layoffs of employees. [1]
The number of Americans filing for jobless benefits rose last week to the highest level in 11 weeks, though layoffs remain at historically low levels. Applications for unemployment benefits ...