US Private Sector

Private companies in the US added 132,000 jobs in August, indicating a slower growth in a tight labour market, a payroll data company said in a report

Large firms hired 321,000 workers, medium-sized businesses added 46,000, while small companies cut 120,000 employees: Report

Private companies slashed roughly 20 million jobs in March and April last year amid Covid-19 shutdowns

President of US India Strategic and Partnership Forum (USISPF) Mukesh Aghi said the budget is inclusive and policy decisions are encouraging for American companies.

The unemployment rate is forecast to stay steady at the 4.7% recorded a month earlier

The unemployment rate is forecast to tick down to 4.7% from the 4.8% recorded earlier