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Weak hiring is hurting young workers more than AI, study saysA new Federal Reserve study reveals that a scarcity of job openings, not a lack of AI skills, is the primary driver of unemployment among y...- Four things to know about South Africa's anti-migrant protestsSouth Africa is gripped by anti-immigrant unrest as citizen groups demand undocumented foreigners leave, leading to at least four deaths an...
- Million-plus cities lead in job quality, earnings: NSOIn India’s bustling metropolitan areas, workers are now enjoying improved job opportunities, particularly in regular salaried positions, al...
- Global Market: US weekly jobless claims drop more than expectedUS unemployment claims saw a sharper-than-expected drop last week, signaling continued labor market strength. Despite this positive sign, a...
- US Stocks: Nasdaq, S&P end lower as tech megacap declines outweigh upbeat chip outlookIndian markets saw a mixed close on Thursday. While the Nasdaq and S&P dipped due to Big Tech's AI spending concerns, the Dow edged higher....
- 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...
- 'What are you doing here?': Viral video shows Indian-origin cricketers save woman from stalker in Canada days after racism rowIndian-origin cricketers in British Columbia bravely intervened when a woman was allegedly being stalked in a park. Their calm approach and...
- 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...
- 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.
- IITian struggles for job after getting laid off, wonders if MBBS would have been a better choice: 'At least doctors can earn something'An IIT graduate expressed jealousy towards the medical field, citing AI's impact on IT job security and his own layoff. He highlighted doct...
- War or peace? Colombians choose destiny in high-stakes voteColombians are voting in a presidential election to decide the nation's approach to escalating violence, with a choice between continuing l...
- 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 layoffs remain low despite Iran war uncertaintyThe persistently low number of claims suggests that most U.S. companies have not resorted to layoffs. But even if they're not cutting jobs,...
- IIT Madras ₹10 LPA job offer, UPSC failures to alcohol addiction and more; techie shares friend’s 12-year journey of strugglesAn IIT Madras Chemical Engineering graduate rejected a ₹10 LPA placement to pursue UPSC, facing multiple failures over 12 years. After setb...
- 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...
- 'It definitely feels doomed': Techie quits ‘toxic’ job for mental peace, now survives on Rs 25,000 construction workA former IT professional resigned for mental peace but now faces financial hardship. Months after quitting, they remain unemployed despite ...
- US weekly jobless claims increase moderately, labor market remains stableInitial jobless claims rose moderately to 211,000 last week, indicating a stable labor market despite rising inflation driven by energy pri...
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