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Keywords: Job losses


US private sector loses 32,000 jobs in November, defying expectations

The US private sector shed 32,000 jobs in November, according to the latest ADP/Stanford Lab survey, surprising markets that had anticipated net job gains. Job losses were primarily concentrated in the industrial sector and small businesses with fewer than 50 employees. Analysts had expected a modest......

Morocco’s unemployment rate drops slightly to 12.8% but challenges persist

Morocco’s unemployment rate fell to 12.8% in the second quarter of 2025, down from 13.1% during the same period last year, according to figures released by the High Commission for Planning (HCP). This marks the first decline after several quarters of rising unemployment, driven largely by job creation......

Morocco’s sardine canning industry faces crisis, threatening thousands of jobs

Morocco, the world leader in sardine canning, is grappling with an unprecedented crisis that endangers both its industrial foundations and the livelihoods of thousands of workers. The sector, which has long been a pillar of the national economy, is now under severe strain due to structural imbalances,......

Gaza's Economic Crisis Deepens: UN Report Reveals Alarming Job Losses and Shrinking GDP

In a stark revelation, a recent United Nations report has highlighted the dire state of Gaza's economy, indicating that it has contracted to a mere one-sixth of its previous size. This alarming decline has resulted in the loss of approximately 306,000 jobs in the West Bank, underscoring the profound......

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