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UNEMPLOYMENT RATE APRIL 2023
US weekly jobless claims plunge to lowest since 1969First-time jobless claims in the United States unexpectedly dropped last week. This decline reached the lowest level recorded since Septemb...- Top OMCs post losses with government weighing relief measuresState-run oil companies HPCL and BPCL reported significant losses for the April-June quarter. This occurred as they sold petrol, diesel, an...
- AI will not trigger employment collapse, staffing company Adecco Group saysAI will transform work by changing roles and tasks, not eliminating jobs. Employment rates remain high and unemployment is near historic lo...
- Pakistan seeks $10 billion fund from US after mediating Iran talksPakistan has requested a ten billion dollar exchange stabilization facility from the United States. This loan aims to boost foreign reserve...
- Opposition MPs wear black to parliament, stage protest against 'police brutality' on student protestorsOpposition parties wore black to protest alleged police brutality against students and lawmakers. Leaders criticized the government over un...
- Global developed market debt to hit record $75.8 trillion by end of 2026: FitchGovernment debt in developed nations will reach $75.8 trillion by 2026. This debt burden represents 104% of gross domestic product for thes...
- Rs 75,000 cr OMC loss: Oil ministry working on plan to offset losses. Companies seek financial support; Finance Ministry nod needed before proposal goes to CabinetOil Ministry is working on a proposal to compensate state-run oil marketing companies for losses incurred from selling fuel below market ra...
- Pakistan seeks $10 billion US stabilization facility to shore up reservesPakistan has requested a ten billion dollar exchange stabilization facility from the United States. This loan aims to bolster foreign excha...
- US Visa Bulletin August 2026: A new uncertainty looms over Indians in the Green Card queueIndian professionals face continued delays for US employment-based green cards in August 2026. The EB-2 category remains unavailable, and E...
- Gold gains as hopes for US-Iran diplomacy cool oil price rallyGold prices saw an increase as oil prices softened due to diplomatic efforts. Yemen's Houthis threatened a naval blockade, which could disr...
- Techie, who once paid Rs 1 crore tax, breaks down on X after lay off: ‘Thank you…’A tech professional recently took to X to lament the country’s pitiable social security system. He said that even though, once he paid Rs 1...
- Charting the Global Economy: US CPI cools, China growth slowsUS inflation data eased in June, prompting investors to lower interest rate hike bets. China's economy slowed more than anticipated, increa...
- Canada raises wage threshold for Temporary Foreign Worker ProgramCanada has raised wage thresholds for its Temporary Foreign Worker Program. New minimum hourly pay requirements will take effect on July se...
- US Fed official warns of 'broad-based' inflation as firms urge actionA top Federal Reserve official said Friday that stubbornly high inflation is her bigger concern right now, warning that firms are urging th...
- India's toll collection growth slows sharply in April-June quarter despite Rs 21,547 crore revenueIndia's toll collections saw a modest increase in the April-June quarter. However, the pace of growth slowed significantly as toll transact...
- US weekly unemployment claims fall to 208,000, fewest in 10 weeksJobless benefit filings in the United States decreased last week to a ten-week low. Americans applying for unemployment aid fell to 208,000...
- A case for less talk? Making sense of Fed's flip-flops over past one yearThe call from Federal Reserve chief Kevin Warsh to curtail policy guidance is gathering momentum, with Fed Governor Chris Waller making a n...
- India’s unemployment rate steady at 5.5% in JuneIndia's overall unemployment rate held steady at 5.5 percent in June. Female unemployment increased to 5.9 percent, while male joblessness ...
- US job cuts: Moody's chief economist Mark Zandi sees 'big warning' signs in June data. Here's why he's worried about the labour marketEconomists question the strength of the June US jobs report. Mark Zandi notes falling labor force participation drove the unemployment rate...
- US weekly jobless claims fall amid stable labor market conditionsInitial unemployment claims decreased last week, indicating a stable labor market. Job growth slowed in June, but economists see no major s...
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