Business Standard

Thursday, December 19, 2024 | 05:22 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Us Unemployment Rate

India's economy boosts jobs, but for unskilled and semi-skilled workers

It is not really a case of jobless growth, just that job creation is more for the low-skilled

India's economy boosts jobs, but for unskilled and semi-skilled workers
Updated On : 12 Apr 2024 | 12:37 PM IST

US job growth strong in March; unemployment rate falls to 3.5% from 3.6%

Some of the slowdown in hiring reflected the fading boost from unseasonably mild weather in January and February

US job growth strong in March; unemployment rate falls to 3.5% from 3.6%
Updated On : 07 Apr 2023 | 10:17 PM IST

US unemployment rate at 53-year low; pressure on Federal Reserve

The Fed earlier this week increased the rate by a quarter-of-a-percentage-point to 4.5 -4.75 per cent

US unemployment rate at 53-year low; pressure on Federal Reserve
Updated On : 04 Feb 2023 | 1:12 AM IST

US jobless insurance claims near historic low despite cooling economy

Applications for US unemployment insurance last week fell slightly, hovering around historically low levels as the labor market holds strong despite a weakening economy

US jobless insurance claims near historic low despite cooling economy
Updated On : 04 Feb 2023 | 12:25 AM IST

Amazon begins new round of job cuts, lays off over 18,000 people: Report

Amazon has started notifying its employees affected by its new round of layoffs, as a part of its plan to reduce its headcount by around 18,000 people, the media reported

Amazon begins new round of job cuts, lays off over 18,000 people: Report
Updated On : 19 Jan 2023 | 10:30 AM IST

Initial jobless claims rise, signal softening market: US Labour Dept

Economists surveyed by The Wall Street Journal had predicted that new claims would increase 7,000 to 223,000, after claims grew 2,000 to 216,000 in the previous week, Xinhua news agency reported

Initial jobless claims rise, signal softening market: US Labour Dept
Updated On : 30 Dec 2022 | 7:32 AM IST

US adds 263,000 jobs; unemployment rate falls to 3.5% in September

Economists polled by Reuters had forecast 250,000 job gains, with estimates ranging from as low as 127,000 to as high as 375,000

US adds 263,000 jobs; unemployment rate falls to 3.5% in September
Updated On : 07 Oct 2022 | 9:35 PM IST

US adds 263,000 jobs; unemployment rate falls to 3.5% in September

With the labor market still tight, wage gains remained solid. Average hourly earnings increased 0.3% after a similar rise in August

US adds 263,000 jobs; unemployment rate falls to 3.5% in September
Updated On : 07 Oct 2022 | 9:28 PM IST

'Scariest economics paper of 2022' forecasts huge lay-offs over next 2 yrs

The 'scariest economics paper of 2022' has warned that a high unemployment rate will be necessary to combat inflation and to bring it down to 2%

'Scariest economics paper of 2022' forecasts huge lay-offs over next 2 yrs
Updated On : 10 Sep 2022 | 7:34 PM IST

US hiring slowed in August as employers add 315,000 jobs amid weak economy

America's employers slowed their hiring in August in the face of rising interest rates, high inflation and sluggish consumer spending, all of which have weakened the outlook for the economy. The government reported on Friday that the economy added 315,000 jobs last month, down from 526,000 in July and below the average gain of the previous three months. The unemployment rate rose to 3.7 per cent, from a half-century low of 3.5 per cent in July, as more Americans came off the sidelines to look for jobs and didn't find work immediately. The smaller August gain will likely be welcomed by the Federal Reserve. The Fed is rapidly raising interest rates to try to cool hiring and wage growth, which have been consistently strong. Businesses typically pass the cost of higher wages on to their customers through higher prices, thereby fuelling inflation. Fed officials hope that by raising borrowing costs across the economy, they can reduce inflation from a near-40-year high. Some economists

US hiring slowed in August as employers add 315,000 jobs amid weak economy
Updated On : 02 Sep 2022 | 8:38 PM IST

Committed to fight inflation but not trying to trigger recession: Fed chair

'It's essential that we bring inflation down if we are to have a sustained period of strong labor market conditions that benefit all,' Fed chair said at a hearing before US Senate Banking Committee

Committed to fight inflation but not trying to trigger recession: Fed chair
Updated On : 22 Jun 2022 | 10:13 PM IST

Higher unemployment rate looms in US as Fed fights inflation: Report

US Federal Reserve officials are beginning to signal that their efforts to tackle scorching inflation by raising interest rates may lead to higher unemployment, said a report

Higher unemployment rate looms in US as Fed fights inflation: Report
Updated On : 15 Jun 2022 | 1:32 PM IST

US job growth beats expectations; unemployment rate steady at 3.6%

Economists polled by Reuters had forecast payrolls increasing by 325,000 jobs last month. Estimates ranged from as low as 250,000 jobs added to as high as 477,000.

US job growth beats expectations; unemployment rate steady at 3.6%
Updated On : 03 Jun 2022 | 6:59 PM IST

US economy contracted by 1.5% in Q1, but consumers kept spending

Last quarter's drop in the US gross domestic product the broadest gauge of economic output does not likely signal the start of a recession.

US economy contracted by 1.5% in Q1, but consumers kept spending
Updated On : 26 May 2022 | 6:36 PM IST

US private sector adds 247,000 jobs in April; unemployment at 3.6% in March

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

US private sector adds 247,000 jobs in April; unemployment at 3.6% in March
Updated On : 05 May 2022 | 12:12 PM IST

US weekly jobless claims fall to lowest level in 5 decades: Labour Dept

Initial jobless claims in the US last week fell to 166,000, the lowest level in over five decades, indicating continued labour market tightness, the Labour Department reported.

US weekly jobless claims fall to lowest level in 5 decades: Labour Dept
Updated On : 08 Apr 2022 | 12:33 PM IST

US weekly jobless claims fall to 214,000, lowest since start of this year

Initial jobless claims in the US last week fell to 214,000, the lowest level since the beginning of this year, the Labour Department reported

US weekly jobless claims fall to 214,000, lowest since start of this year
Updated On : 18 Mar 2022 | 2:19 PM IST

US consumer prices rise strongly in January; weekly jobless claims fall

In the 12 months through January, the CPI jumped 7.5%, the biggest year-on-year increase since February 1982

US consumer prices rise strongly in January; weekly jobless claims fall
Updated On : 10 Feb 2022 | 7:45 PM IST

US unemployment claims drop to 52-year low amid seasonal volatility

The number of Americans applying for unemployment benefits plunged last week to the lowest level in 52 years, more evidence that the US job market is recovering from last year's coronavirus recession.

US unemployment claims drop to 52-year low amid seasonal volatility
Updated On : 09 Dec 2021 | 11:46 PM IST

US payrolls growth slowed in November while jobless rate fell

Nonfarm payrolls climbed 210,000 in November after upward revisions to each of the prior two months, a Labor Department report showed Friday

US payrolls growth slowed in November while jobless rate fell
Updated On : 03 Dec 2021 | 8:02 PM IST