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The unemployment rate slid as expected in August after a surprise increase the prior month
August's jobs report is a critical signal of the chances of a coming recession.
Madison Hoff
With stock markets crashing worldwide, are fears of a recession loading in the US pre-mature?
Even Goldman Sachs economists have upped the probability of recession hitting the US by 2025 to 25%…
India’s unemployment rates have climbed by almost 4% in five years to reach 9.2% in June 2024
In a concerning development for India's economic landscape, the unemployment rate surged to an eigh…
Unemployment rate of tribals declines to 1.8% in 2022-23 from 5.3% in 2017-18
The unemployment rate among the tribal communities has seen a noticeable decline, as it stood at 1.…
ANI
No need for concern about job losses as unemployment rate will fall below 3% in future: Labour Minister
The current unemployment rate of 3.2 per cent has come down from 6 per cent in the 2017-18 period.
PTI
Economic Survey 2023-2024 highlights emerging job trends in AI, Cybersecurity, 3D Printing and Web Development
While Artificial Intelligence promises to revolutionise industries, it also poses a threat to some …
Unemployment unexpectedly rose in July as pressure ramps up for the Fed to cut interest rates
July's job growth was 114,000, less than the expected 176,000. The unemployment rate also increased…
Madison Hoff
Maximum employers expect their workforce to grow in first half FY 2024-25, says Teamlease report
The Indian employment market is projected to experience a 6.33% incremental expansion over the firs…
ANI
America is on the brink of an unemployment fiasco
The number of unemployed Americans keeps rising. To keep the US job market from getting worse, the …
Neil Dutta
Monsoon Session: NEET, unemployment, airfares to be taken up in Parliament today
As the Parliament convenes for the ongoing Monsoon Session on Friday, the discussion regarding Nati…
ANI
Why Fed rate cuts could mean corporate earnings will disappoint
Steep rate cuts would point to a weaker economy, with higher unemployment and less pricing power fo…
Kelly Cloonan
Surging US unemployment has triggered a recession indicator with a perfect track record
While the so-called Sahm Rule indicator, which has been remarkably accurate throughout history, has…
Matthew Fox
Job creation remains India’s top economic challenge, per experts polled by Reuters. How can the government resolve this?
India may be the world’s fastest-growing major economy, but dealing with its chronic unemployment w…
The Fed will go bigger with rate cuts than markets think, Citi economist says
The Fed could cut 125 basis points by the end of the year if the labor market continues to cool, Ci…
Kelly Cloonan
3 reasons why rising unemployment isn't signaling a recession, Goldman says
The Fed still has significant ammunition to cut interest rates and stimulate the economy if unemplo…
Matthew Fox
Stock market today: US indexes extend plunge after surprise unemployment spike and jobs miss
Capital Economics said the weak July jobs report could lead to a surprise interest rate cut from th…
Matthew Fox
Why the Fed will cut rates in September and then stop for the year, chief economist says
After an initial rate cut next month, the Fed will adopt a wait-and-see approach going forward, Tor…
Filip De Mott
New York Fed chief says it's time to lower rates with inflation cooling and the labor market slowing
Following the August jobs report, John Williams said the economy is "now in equipoise," with easing…
Kelly Cloonan
The US could enter a recession if the Fed doesn't cut rates, strategists say
The US unemployment rate rose to 4.3% in July from 4.1% in June, according to the Bureau of Labor S…
Huileng Tan
Fed rate cuts are coming too late to fend off a US recession, research firm says
Even if the Fed cuts in September, history shows that recessions can still occur during easing cycl…