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US UNEMPLOYMENT
US weekly jobless claims near 57-year lowsEconomists say rising profits amid strong domestic demand were shielding workers from layoffs. There are, however, worries that tightening ...- When it comes to Trump's economy, these are the numbers that matter before mid-term electionsUnited States President Donald Trump attempted to convince voters before the upcoming mid-term elections that the American economy is growi...
- Tech giants' AI spending to exceed $1 trillion in 2027, lift US growth: UBSMajor technology companies are projected to invest more than USD 1 trillion in artificial intelligence infrastructure by 2027. Reports indi...
- A 'golden age' vs. 'we're working on it': Trump and Vance give different pitches on the economyUS President Donald Trump asserts that America is experiencing a golden age, despite rising costs affecting citizens. Meanwhile, Vice Presi...
- Princeton PhD whose research was linked to Nobel Prize in Physics applies for 2,300 jobs, still struggles to find workA Princeton PhD graduate whose ice-formation research was cited in connection with the 2024 Nobel Prize in Physics, has applied for more th...
- EB-5 visa minimum investment threshold set to increase in 2027, impacting aspiring immigrantsThe US EB-5 immigrant investor programme's minimum investment is set to increase on January 1, 2027. Investors in targeted employment areas...
- The fake commute: How China's unemployed save faceUnemployed individuals in China are pretending to be employed to avoid family concerns about their jobless situation. Many are sharing tips...
- Gold slips as investors weigh Fed rate outlookGold slipped in early Asian trade on Tuesday as investors awaited the US Federal Reserve policy decision next week for signals on interest ...
- Rupee rises 20 paise to 94.79 against US dollar in early tradeThe rupee reached 94.79 against the US dollar following structural forex interventions by the Reserve Bank of India. Elevated crude oil pri...
- US consumers are muscling through higher prices, but for how long?High gas prices are impacting inflation, leading to increased costs across various sectors and goods. Consumers are still maintaining spend...
- AI stocks keep falling, but the rest of the market is supporting Wall StreetThe S&P 500 was virtually unchanged in midday trading after erasing an early loss. The weakness for AI stocks dragged the Nasdaq composite ...
- The number of Americans filing for jobless aid remain at historically low levels below 200,000U.S. unemployment benefits applications slightly increased, with initial claims rising to 199,000 for the past week. Despite the increase, ...
- AI researchers are smoking to demonstrate their belief that it will beat cancer: Palantir CTO Shyam SankarShyam Sankar, CTO of Palantir Technologies, highlighted AI researchers' intense commitments, likening it to social delusion. He pointed out...
- World Bank warns of 800 million-job gap in next 10 years: Will global employment crisis affect Americans?According to the World Bank, an alarming job crisis looms, with projections of an 800-million-job void worldwide. Ajay Banga, the bank's Pr...
- 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...
- 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 ...
- 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...
- Austria immigration rules eased for foreign workers; processing time cut to 90 daysAustria plans to implement significant changes to immigration rules for foreign workers. Foreign workers will be allowed to change employer...
- 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...
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