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DEPARTMENT OF LABOR JOBS REPORT
Rs 9,500 for 20 minutes to fix a door: Indian woman in US gives reality check on skilled workers’ earningsAn Indian woman in the US shared her experience of paying $100 for a 20-minute garage door repair, highlighting the high value placed on sk...- Iran-Israel conflict puts UAE, Saudi Arabia's foreign workers under strainA protracted conflict in the Gulf is jeopardizing billions in remittances, vital for families across Asia and Africa. Migrant workers, like...
- Quote of the day by Gordon Granger for Juneteenth: 'The people of Texas are informed that in accordance with a Proclamation from the Executive of the United States, all slaves are...' - the Union Army officer's General Order No. 3 marked the end of slavery in TexasQuote of the day by Gordon Granger for Juneteenth: On June 19, 1865, Major General Gordon Granger arrived in Galveston, Texas, to announce ...
- Bengaluru, Pune, Hyderabad, Mumbai and Chennai dominate India’s AI talent map: ReportNearly one in five AI learners comes from Tier II cities such as Lucknow, Patna, Jaipur, Indore, Nagpur, Chengalpattu and Coimbatore, accor...
- US weekly jobless claims fall amid low layoffsInitial claims for state unemployment benefits dropped 4,000 to a seasonally adjusted 226,000 for the week ended June 13, the Labor Departm...
- AI will lead to labour shortages, Jeff Bezos says in optimistic talkBezos put forward a rosy vision of how technology will help humanity, speaking about projects including his space venture Blue Origin and h...
- BBC Layoffs: Around 2,000 jobs at risk as broadcaster plans 10% cost cuts; Who may lose their jobs and whyBBC Layoff 2026: The BBC is preparing to cut approximately 2,000 jobs, equivalent to around 10% of its workforce costs, as part of a wider ...
- BBC to cut hundreds of jobs in Britain in news division downsizeBritain's BBC is initiating significant job cuts, with hundreds of positions to be eliminated in its news division next week as part of a b...
- US producer prices rose 6.5% in May on higher energy prices, largest yearly jump since November 2022American producer prices saw their biggest jump since late 2022. Energy costs soared, impacting inflation significantly. This surge follows...
- US jobless aid filings rise to 229,000 last week, remain historically low despite Iran war headwindsAmerica's jobless claims saw a slight increase last week, yet remain historically low. This comes despite economic challenges linked to the...
- Anthropic CEO warns of AI jobs reckoning as company pledges $200 million for researchAnthropic's Claude models have rapidly become among the most widely used AI tools in software development and enterprise work. The company'...
- US inflation hits three-year high at 4.2% in May amid high energy pricesAmerica's consumer prices surged in May, reaching their highest in three years. This jump, fueled by rising gasoline costs due to Middle Ea...
- Gold falls about 3% as robust US jobs data cements bets on higher ratesGold prices experienced a significant drop of approximately 3% on Friday, influenced by a stronger-than-expected U.S. jobs report. This dat...
- Gold price today crashes over 1 per cent, check latest Gold rateGold rate today: U.S. Treasury yields jumped after the release of the jobs data, increasing the opportunity cost of holding non-yielding bu...
- Jobs report for May pushes US Fed interest rate expectations, yields higher. What does this mean?Jobs report today: Job gains last month were broad-based. Local governments added 55,000 workers, restaurants and bars 48,000, healthcare c...
- Employers added 172,000 jobs last month as US job market shows resilience despite Iran warAmerica's job market is surprisingly strong. Employers added many jobs in May, and unemployment remains low. This hiring rebound is seen ac...
- US job growth likely slowed in May, labor market seen stable despite oil shockAmerica's job growth is expected to slow in May after strong previous months. The labor market remains stable. Economists believe the Middl...
- US weekly jobless claims increase more than expected; labor market remains stableDespite high-profile job cuts by technology firms related to the adoption of artificial intelligence, layoffs have remained low, confining ...
- US jobless aid filings, a proxy for layoffs, rise to 225,000 last week but remain historically lowJobless aid applications increased by 13,000 to 225,000 last week, exceeding forecasts but remaining historically low. This figure serves a...
- US job openings climbed to 7.6 million in April despite economic fallout from the Iran warAmerican job openings saw a significant rise in April, reaching 7.6 million. This indicates a strong labor market despite global economic c...
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