US labour market holds firm: Jobless claims fall to 216,000; layoffs stay low despite corporate cuts
Jobless claims fell last week, indicating a stable labor market despite some company layoffs. While hiring slowed and the unemployment rate ticked up, the overall ...
US job data: Private sector sheds 32,000 jobs in September; ADP report shows slowdown despite wage growth
The US private sector unexpectedly shed 32,000 jobs in September, according to ADP, defying analysts’ growth expectations. Significant losses occurred in leisure, professional services, and ...
Amazon US salary hikes: E-commerce giant rolls out $1 billion plan for workforce; check details
Amazon is investing $1 billion to increase wages and lower healthcare costs for its U.S. fulfillment and transportation workforce. Average hourly pay will exceed $23, ...
‘Greater of the two risks’: Inflation overshadows employment at Fed policy meeting; minutes reveal divisions over Trump’s tariffs
Federal Reserve officials expressed concerns over upside inflation risks outweighing employment worries, amidst disagreements on Trump’s tariffs’ economic impact. Minutes revealed divisions within the Federal ...
US labour market data: Jobless claims drop to 233,000 as layoffs stay low; total unemployment rolls hold near 2 million
US jobless claims fell to 233,000 last week, signaling a robust labor market despite economic uncertainties. The Labor Department’s data showed a decrease of 4,000 ...
Tariff tremors: US adds 139,000 jobs in May even as hiring slows and recession fears grow
US employers added 139,000 jobs in May, a slowdown from April’s revised 147,000, while the unemployment rate remained at 4.2%. This undershot expectations amid concerns ...
