October 24, 2026
Parts Makers Say Auto Policy Puts 1.5m Jobs at Risk
PAAPAM says tariff cuts on built-up vehicles and parts threaten a sector employing 1.5 million people, and has asked to meet the prime minister.
Articles for tag: auto policy, Jobs, localisation, manufacturing, PAAPAM, tariffs
August 12, 2026
Shehbaz Launches a National Youth Employment Policy with Quotas for Women and Startups
The prime minister has launched Pakistan's first National Youth Employment Policy, announcing a 35 per cent quota for women in the labour force and a 10 per cent annual quota for young startups, along with a Danish University in Islamabad.
Jobs data may shake stocks from holiday lull
As 2026 begins, investors await key statistics, court ruling on Trump’s tariffs NEW YORK: The first full trading week of the new year could shake the US stock market out of its winter holiday slumber as monthly jobs data headlines a busy start to 2026 for investors. Stocks fell in the final session of 2025, with the benchmark S&P 500 slipping to a monthly loss for December. But the index still climbed more than 16% in 2025, its third consecutive year of double-digit percentage gains, while the Cboe Volatility Index was last just above its lows for the year. Trading
Divided US Fed makes third straight rate cut on jobs risks
A trader works as a monitor broadcasts a press conference by US Federal Reserve Chairman Jerome Powell following the Fed’s interest rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 10, 2025. — Reuters The quarterly cut takes interest rates to a range of 3.5-3.75%. Three Fed officials disagree, exposing the deepest political rift. 2026 GDP forecasts increased, inflation expectations eased. The divided U.S. Federal Reserve cut interest rates on Wednesday for the third straight time this year, exacerbating worries about the labor market even as inflation remained elevated as President Donald
Pakistan describes pricing cuts in policy -boiling plans to boost exports, jobs by 2030
The image shows transport containers. – Reuters/file The current five -level customs duty structure will be simplified in four plates. The government will gradually reduce total average prices. High Invoices are our biggest obstacle: Jawad Paul Trade Secretary. Islamabad: In a significant shift towards promoting export growth, Pakistan plans to reduce the average invoice from 20.19% to just 9.7% in the next five years. This initiative is part of the 2025-30 national prices plan, which aims to eliminate regulatory duties and abolish additional customs by 2029, officials informed a parliamentary committee on Wednesday, Wednesday, The news reported on Thursday. As
Balochistan tables over the RS1TR budget for FY26 with jobs, relief to Focus
Finance Minister Balochistan Mir Shoaib Nosherwani presents the budget for FY26 during the meeting. -Screengrab/YouTube RS249.5BN that put aside for growth. Over 6,000 new jobs have announced. RS55BN for roads, RS42BN for irrigation, RS24BN for education. Wages increased by 10% for all government officials. Pensions increased by 7%. The Balochistan government announced the third budget of RS1,028 trillion for the financial year 2025-26 (FY26), with a surplus of RS42 billion and focus on public relief and well-being. Presenting the budget, Finance Minister Balochistan Mir Shoaib Nosherwani said the RS642 billion had been violated for non -growth costs, while the 249.5
Ross Stores Managing Director makes a gloomy prediction amid Trump China prices
The Ross dress for fewer struggles with a serious challenge, as the first quarter profits for 2025 reveal stagnant sales and a reduction in net income. The discount retailer, facing a shrinking customer base, is thinking of significant adjustments that could affect buyers in the near future. For the first quarter, ROSS stores reported flat comparable sales compared to the same period last year and net income of $ 479 million, which marked nearly 2% declining the previous year. This fall comes amid a steady decline in customer visits, with Placer.Ai data, which decreases by 2.7% annually to visits per
US retail chain to let 1500 staff ‘simplify’ the structure
Walmart is going to dismiss about 1,500 employees as part of an attempt to “remove mattresses and complexity” within its corporate structure. The cuts will mainly affect the world -wide retailer and US corporate offices, including Arkansa’s headquarters, according to sources in The Wall Street Journal and Bloomberg. In a note entitled “Building for the Future”, US chief executive John Furner and world technology chief Suresh Kumar explained that the move aims to accelerate decision -making and faster innovation. The note stated that the Technology Department would “slimmed down to simplify its structure” and better to align with Walmart’s business
Burberry to reduce 1,700 jobs in the midst of a slide profit and review strategy under the new CEO
The British luxury Burberry brand announced plans on Wednesday to reduce about 1,700 jobs worldwide-almost fifth of its workforce as part of a wide cost and brand strategy after a sharp decline in profits. The cuts, which will be implemented by 2027, will mainly affect corporate roles in world offices, as well as the removal of the night shift at the Burberry Castleford plant in Yorkshire, which produces its virtual coats. About 150 seats are expected to be affected by the factory, which Burberry says it had been overcrowding. The decision comes as Burberry reported a custom operating profit of
March 28, 2025
Kennedy to reduce 10,000 health jobs in significant federal review
Robert F Kennedy JR, a candidate for US President Trump, being Minister of Health and Human Services, testifies to hearing a confirmation of the Senate Confirmation of Health, Education, Work and Pensions (Aid) in Capitol in Washington on January 30th. US Secretary of Health and Human Services Robert F Kennedy JR announced sweeping changes to federal public health services, including elimination of 10,000 jobs and consolidating multiple departments, Reuters reported. Restructuring will affect organizations such as Food and Drug Administration (FDA), Disease Control and Prevention Centers (CDC) and National Institutes of Health (NIH). Among the work cuts, 3,500 seats will
