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UNEMPLOYMENT RATE
US hiring appetite is healthy as economy powers aheadThe labor market in the US is poised for notable growth as nonfarm payrolls are anticipated to climb in September. Economists foresee the u...- Wall Street Week Ahead: Jobs report, inflation data to test US rate path, economic strengthUpcoming reports on employment and inflation are poised to influence expectations around interest rate hikes, subsequently impacting the US...
- Singapore population hits record 6.21 million, driven by rise in foreign residentsSingapore's population grew by 1.6% in June, reaching a new high of 6.21 million individuals. The increase was primarily fueled by a 3.7% r...
- US weekly jobless claims decrease as labour market regains footingRecent data reveals that initial claims for unemployment benefits in the US have dipped, signaling a stronger labour market. However, busin...
- Estimating is not fudging: Decoding the needless jump from 'GDP is estimated' to 'GDP can't be trusted'India poses an exceptionally difficult statistical challenge because hundreds of millions work on farms, tiny shops, construction sites and...
- India scores high on latest WEF standings: Growth outlook strongest, but some ground lost with MNCsIndia's economy shows strong growth prospects for the next twelve months, a WEF survey found. Household incomes are also expected to rise, ...
- Nearly 250 districts have over 25% youth out of work, educationOver a quarter of young Indians aged fifteen to twenty-nine are NEET. This issue is most pronounced across northern Indian districts and so...
- India's district-level unemployment rates revealed: 77.8% of districts below 5.5%New data shows most Indian districts have low unemployment rates. Many districts reported young people not in employment, education, or tra...
- Trump may not see another rate cut as presidentThe Federal Reserve has made headlines by increasing its policy rate target range, amid calls from President Trump for lower interest rates...
- ‘Fed’ up with inflation? US rate hike leaves RBI with an October-or-December dilemma, economists sayThe US Federal Reserve’s first rate hike since 2023 has added to pressure on India, with the rupee breaching 96 against the dollar and econ...
- US weekly jobless claims unexpectedly fallUS unemployment claims dropped unexpectedly last week, though this may reflect holiday volatility. The underlying labor market trend shows ...
- US Fed chair Kevin Warsh explains why the Federal Reserve raised interest ratesThe Federal Reserve increased interest rates by 0.25 percent. This action was driven by a strengthening US economy and rising inflation. Do...
- Goods exports up 26% in August, trade deficit eases: Engineering, petroleum products, chemicals and textiles lead shipments; US remains top marketIndia’s goods exports surged in August, driven by robust global demand, while the trade deficit narrowed to a five-month low as imports dec...
- India unemployment rate dips to 5% in August; rural job market drives improvementIndia's unemployment rate for adults (15+) dipped slightly to 5% in August, down from 5.1% in July. This is even better than the 5.2% econo...
- Global Market: China’s AI boom lifts factory output as property slump deepensChina's industrial output accelerated in August, supported by strong demand for AI-related technology and advanced manufacturing. However, ...
- Gold slips as oil gains strengthen case for elevated interest ratesGold experienced a decline on Tuesday, influenced by a rise in crude oil prices. Compounding this drop were growing fears over inflation an...
- Canada work permit delays rise in August; permanent resident stream wait hits 156 daysCanada's Labour Market Impact Assessment processing times significantly increased in August. The permanent resident stream saw the largest ...
- U.S. consumers grow more uneasy about jobs & finances as high inflation outlook holds steady, NY Fed findsUS consumers grew more pessimistic about jobs and personal finances in August. Inflation expectations remained largely unchanged, showing l...
- Gold rises as dollar eases; US inflation data on radarGold prices edged higher on Tuesday due to a weakening U.S. dollar, as investors gear up for crucial inflation data that could sway the Fed...
- US nonfarm payrolls surge in August; unemployment rate steady at 4.1%In August, the U.S. experienced remarkable job growth while unemployment rates held firm, indicating an impressive labor market. This uptic...
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