Oil price slump costs another 12,500 jobs

Sinking oil prices have prompted another round of heavy job cuts. Royal Dutch Shell will slash 6,500 jobs in 2015 as part of a cost cutting drive. Another British firm Centrica will shed 6,000 jobs, partly due to a reduced focus on oil and gas production. The latest wave of job losses follow a period […]

Millennials have jobs, but still live with mom and dad

It might seem shameful to previous generations, but Millennials are in no rush to move out of mom and dad’s — even after they’ve landed jobs. As the economy has improved, more Millennials have jobs than they did five years ago, yet more of them are living at home now, according to a new report […]

Restaurant CEO: $15 minimum wage hurts teen jobs

Fast food workers are clamoring for a higher minimum wage. But the CEO of one big restaurant chain worries that boosting the minimum wage to $15 an hour could hurt teens looking for their first job. Sally Smith, the CEO of Buffalo Wild Wings, told CNNMoney Wednesday that her company and other restaurants may not […]

Donald Trump wants to be the ‘jobs president.’ But how?

Donald Trump is the Republican to beat in the polls, yet most Americans don’t know where he stands on the key economic issues. Visiting Trump’s official campaign website isn’t much help. It vows to “Make America Great Again!” but it doesn’t say how. Lately, his campaign speeches have focused on immigration reform — “Take the […]

Google still offers most coveted jobs in Asia

Landing a job at Google is still the dream for Asia’s top students. A survey of business and engineering students conducted by Universum found Google is the most attractive employer among both groups of majors. For business students, PricewaterhouseCoopers, Deloitte, KPMG and Apple round out the top five. Apple, Microsoft, Samsung and BMW Group are […]

The world needs more pilots: 28,000 new jobs a year

It could be time to start looking at flight schools. Aircraft maker Boeing forecast that 558,000 new commercial airline pilots will be needed over the next 20 years, in a report released Monday. That works out to about 28,000 pilots each year. Technicians will be in even hotter demand. Boeing projects 609,000 new commercial aircraft […]

More American teens are getting jobs. That’s good for everyone

Lauren Miller loves her summer job. She just started working at the Hershey Lodge in Pennsylvania, roasting s’mores and organizing activities for kids. Miller, 16, earns the minimum wage, but she doesn’t mind — her job is a foot in the right direction. Most of her friends found jobs this summer too, she says. “I […]

U.S. hiring is healthy: 223,000 added jobs in June

The weather is warming up in America and so is the economy. The U.S. added 223,000 jobs in June, its third consecutive month of healthy job gains. Thursday’s news was slightly below the prediction from CNNMoney’s survey of economists, which predicted there would be 235,000 jobs added. The unemployment rate fell to 5.3% in June, […]

Here’s your first look at the ‘Steve Jobs’ movie

The much-anticipated “Steve Jobs” movie, written by Aaron Sorkin and adapted from Walter Isaacson’s best-selling biography, doesn’t hit theaters until October 9. But on Wednesday we got our first extended look at the film when Universal Pictures released a full-length trailer. And it looks, well, sort of like “The Social Network,” another Sorkin-penned movie about […]

Class war locks poor kids out of top U.K. jobs

Britain’s elite employers are waging a class war that shuts poorer kids out of top jobs in favor of their wealthier peers. A government-sponsored report shows working class candidates are struggling to find jobs at the country’s leading professional firms, entrenching a damaging social divide. Researchers interviewed recruiters and managers at 13 elite law, accountancy […]

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