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US JOB MARKET
IIT tag, 20 years of experience yet he cannot find a job. How one wrong decision turned into a financial struggle for this techieAn IIT Kanpur graduate with over 20 years of IT experience, Gautam Dev has been unable to find a full-time job for nearly two years after q...- PERM suspension could trap tech workers in a green card visa cycleThe US suspension of Microsoft, Adobe and six other IT services companies from the PERM green card process could leave some H-1B workers st...
- Global Market: Wall Street in focus as US jobless claims ease amid Fed rate uncertaintyUS jobless claims fell to 197,000 last week, below expectations, signalling low layoffs despite sluggish hiring. The data keep the Federal ...
- Gold nudges higher with inflation risks, Fed rate path in focusOn Friday, gold prices experienced a modest uptrend as investors weighed concerns about inflation alongside potential interest rate hikes b...
- Immigration, skilled talent mobility distinct: Nasscom as US suspends IT firms from green card progThe latest development in the US - the biggest market for the $300 billion Indian IT industry - adds to uncertainty for tech outsourcers th...
- US jobless claims hover near 57-year low for fourth consecutive weekIn a recent report, weekly unemployment claims saw a slight drop of 2,000, totaling 197,000, which suggests some stability within the job m...
- US weekly jobless claims fall as layoffs remain lowClaims have held near 57-year lows for four straight weeks, consistent with what economists said remained a "low-hire, low-fire" labor mark...
- Bitcoin holds near $86,000 as weak US jobs data lowers October Fed rate hike expectationsBitcoin traded around $86,000 as expectations of easier US monetary policy supported crypto sentiment. Analysts said weak jobs data reduced...
- Bitcoin trades near $86,000 as weaker US jobs data dims October Fed rate hike betsBitcoin traded near $86,000 on Monday after weaker US jobs data sharply reduced expectations of an October Fed rate hike. Analysts said the...
- US Market: Fed’s Hammack says jobs data gives time to assess rate pathFederal Reserve officials have signalled they have time to assess incoming economic data before making further changes to interest rates. C...
- Global Market: Euro hits 17-month low as French fiscal worries boost dollarThe euro fell to a 17-month low as concerns over France’s fiscal outlook and bond-market selloff weighed on sentiment. The dollar strengthe...
- Dollar holds firm as French fiscal woes keep euro on back footThe dollar's ascent continues, climbing to a 17-month peak as the likelihood of a Federal Reserve rate increase diminishes. Meanwhile, Euro...
- Global Market Today: Asian shares rise as Fed hike bets ease, oil gainsMSCI’s Asia Pacific equities index rose 0.4%, with Japanese shares rallying 2%. Contracts for the Nasdaq 100 rose 0.3% after the underlying...
- Bets on US Federal Reserve rate hike in October fall as job market coolsLast month, the US economy added only 29,000 jobs, significantly below the economists’ forecast of 90,000 jobs. The unemployment rate rose ...
- US adds disappointing 29,000 jobs and unemployment ticks up to 4.2% in SeptemberThe U.S. job market saw a sharp decline, with only 29,000 new positions added last month, pushing the unemployment rate up slightly to 4.2%...
- Why is US unemployment rate rising? September's jobs report indicates 'below expectations' hiring slowdownIn September, the US unemployment rate increased to 4.2% as employers added only 29,000 jobs, which is below expectations. Hiring slowed fr...
- U.S. hiring stalls at 29,000, yet Dow, S&P 500 and Nasdaq surge: Why Wall Street welcomed September’s weak jobs reportUS jobs report and markets: The U.S. added only 29,000 jobs in September, far below the 90,000 economists expected. Unemployment also edged...
- Global Markets: Asian shares fall after wild swings in bonds, FX before US jobs dataAsian stock markets dipped as investors navigated through the turbulence of bond and currency fluctuations. Elevated oil prices, driven by ...
- US private job growth picks up sharply in September: ADP dataUS private sector hiring experienced a significant rebound in September, with employers adding 90,000 jobs, up from 38,000 in August. This ...
- US job openings slipped to 7.1 million in August but labour market remains sturdyUS employers posted fewer job vacancies in August, but the broader American labour market remains resilient against price shocks caused by ...
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