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JOBLESS GROWTH
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...- China's May retail sales fall for first time in over three yearsChina's economy shows a worrying split in May. While factories are humming with strong exports, consumer spending took a hit, with retail s...
- China Inc deploys 'quiet' layoffs as Beijing promotes AI adoptionChinese companies are quietly implementing AI-driven layoffs and reducing graduate hiring to boost productivity, while carefully avoiding g...
- 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...
- Jobless growth in IT: Revenue grows, headcount stagnatesIndia's top IT companies are achieving revenue growth with stable employee numbers. This trend highlights a shift towards automation and im...
- Ola Electric’s QIP boost; AMFI benches Stable MoneyHappy Friday! Ola Electric has raised fresh capital through a QIP. This and more in today's ETtech Morning Dispatch.
- Putting the Bekaart before AI's racehorse: How widespread adoption of the tech can fill the nation with Kantian roachesArtificial intelligence adoption threatens widespread job losses, wihch could devalue human work and necessitate government income support....
- 5 world market themes for the week aheadGlobal markets are keenly watching U.S.-Iran ceasefire talks and the Strait of Hormuz, alongside crucial U.S. jobs data and euro zone infla...
- UK risks a 'lost generation' of jobless young peopleThe UK stands at a crossroads as more than a million young adults find themselves adrift, disconnected from education, employment or traini...
- US jobless claims rise to 215,000 but remain low despite Iran war uncertaintyAmericans sought more unemployment benefits last week. Layoffs remain low despite economic uncertainty. Jobless claims are up to 215,000. T...
- ‘94% of users are Indian’: Cockroach Janta Party founder fires back at BJP claim of Pakistan-heavy audienceAbhijeet Dipke, the founder of the Cockroach Janta Party, stands firm against BJP's assertions regarding the demographic of his movement's ...
- India's job engine strains as Iran war hits remittances and tradeThe Middle East conflict is impacting India's economy by forcing migrant workers home and reducing demand for manufactured exports. This do...
- New era begins: Warsh steps into Fed role; Prepares for inflation battle and potential rate hikesKevin Warsh assumes leadership of the U.S. Federal Reserve. This marks a new chapter for the central bank and President Trump. Warsh faces ...
- Rupee seen testing record lows; bonds to extend fall on Iran war jittersThe Indian rupee is poised to hit record lows as investors grapple with growth-inflation risks stemming from the Iran war. Rising Brent cru...
- Taxes and Trump leave UK in a worse state than Starmer found itBritain's Prime Minister Keir Starmer faces a tough economic climate. Inflation is rising, and living standards are not improving. Economic...
- US stock market jumps sharply today as Dow Jones reclaims 50,000 — Why the Dow, S&P 500 and Nasdaq are all in green after U.S.-China trade summit boostUS stock market jumps sharply today as the Dow Jones, S&P 500 and Nasdaq rally on renewed optimism from the U.S.-China trade summit and boo...
- US employers defy economic shock from Iran war and add a surprisingly strong 115,000 jobs in AprilAverage hourly earnings rose 0.2% from March and 3.6% from April 2025, consistent with the Federal Reserve's 2% inflation target.
- US jobless claims increase less than expected amid low layoffsAmerica's job market shows resilience. New unemployment claims saw a small increase last week. Layoffs remain low, providing stability. Job...
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