AMERICAN JOB MARKET
Singapore is making life tougher for global talent Singapore's 2022 points-based employment pass system, requiring a salary minimum for overseas employees, may affect its business hub status. It addresses local job concerns, crucial for the People’s Action Party's election prospects. The American Ch...
07 Jul, 2024, 02.46 PM ISTGlobal stocks hit peak level before US jobs data: Markets wrap Global equities maintain record highs ahead of US jobs data. Markets anticipate potential Fed rate cuts. Emerging market equities benefit from soft US economic data. UK Labour Party projected to win big, impacting Conservative performance. France pr...
05 Jul, 2024, 06.39 AM ISTUS weekly jobless claims rise labor market slows The labor market shows signs of easing as unemployment benefits claims increase. Layoffs rise due to interest rates impacting demand, and challenges in seasonal data adjustments persist. Market anticipates Fed's potential rate cuts. Job cuts decreas...
03 Jul, 2024, 07.41 PM IST- ADVERTISEMENT
US job openings rise to 8.1 million despite higher interest rates U.S. job openings increased slightly to 8.1 million in May, despite higher interest rates aimed at cooling the labor market, as reported by the Labor Department. Layoffs rose slightly, while the number of Americans quitting their jobs remained stabl...
02 Jul, 2024, 08.05 PM ISTApplying for a US student visa? American Embassy has a warning for you Indian students continue to favor the United States as their top destination for overseas education, with expectations of increased student visa applications in 2024. In 2023, India issued 140,000 student visas, and the number of Indian students in ...
02 Jul, 2024, 10.31 AM ISTFor American brands worried about China, Is India the future? The surge of multinational brands in India's manufacturing sector signals a shift towards diversification and job creation. Companies like Shree Krishna are fulfilling substantial orders for global retailers, highlighting India's growing importance ...
01 Jul, 2024, 09.48 AM ISTAs tech grip on medical industry becomes stronger, it creates space for new jobs profiles Ebenazer Paul highlights the increasing demand for skilled professionals in medical billing and coding, driven by technological advancements and evolving healthcare regulations. The industry offers diverse opportunities for growth and specialization...
28 Jun, 2024, 10.22 AM ISTUS automobile industry threatened by prospects of Chinese EVs entering the country through the Mexican border The US automobile industry has been threatened by the prospects of low-cost Chinese Electric Vehicles (EVs) reaching the country through the Mexican border. The US-Mexico-Canada trade agreement provides for free movement of goods and services betwee...
28 Jun, 2024, 03.51 AM ISTBrent rises toward $86 as cooling US jobs market buoys rate cut hopes Oil futures hit a seven-week high on Thursday as fresh data on a cooling U.S. jobs market added to hopes that the Federal Reserve could still cut interest rates this year.
20 Jun, 2024, 09.34 PM ISTIn China's backyard, America has become a humbler superpower Far from Ukraine and the Gaza Strip, as the Group of 7 wealthy democracies gathered in Italy to discuss a range of old, entrenched challenges, the nature of American power is being transformed across the region that Washington sees as crucial for th...
19 Jun, 2024, 10.46 AM ISTWall St Week Ahead-Struggling Dow transport stocks could be economic warning signal The Dow Jones Transportation Average has fallen 5% this year, contrasting with the S&P 500 and Dow Jones Industrial Average. Chuck Carlson sees it as a barometer for economic activity, signaling a possible slowdown ahead.
01 Jun, 2024, 09.27 AM ISTUS weekly jobless claims fall as labor market remains solid Initial claims for state unemployment benefits dropped 8,000 to a seasonally adjusted 215,000 for the week ended May 18, the Labor Department said on Thursday. Economists polled by Reuters had forecast 220,000 claims in the latest week.
23 May, 2024, 11.26 PM ISTBiden's China tariffs are the end of an era for cheap Chinese goods Biden's decision this past week to codify and escalate tariffs imposed by Trump made clear that the United States has closed out a decades-long era that embraced trade with China and prized the gains of lower-cost products over the loss of geographi...
18 May, 2024, 01.53 PM ISTUS weekly jobless claims fall; labor market gradually easing The decline reversed a portion of the jump in the prior week, which had pushed claims to the highest level in more than eight months. The increase was largely attributed to a surge in applications in New York related to school spring breaks.
16 May, 2024, 11.18 PM ISTFew Chinese electric cars are sold in U.S., but industry fears a flood American automakers expressed their approval of the Biden administration's decision on Tuesday to levy a 100% tariff on electric vehicles imported from China. They stated that these vehicles could undercut billions of dollars of investments made in ...
16 May, 2024, 09.58 AM ISTAre US interest rates high enough to beat inflation? The Fed will take its time to find out The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, several Federal Reserve officials have said in recent comments, suggesting there may be few, if any, rate cuts this year.
13 May, 2024, 06.54 PM ISTUS weekly jobless claims increase more than expected Labor market shows signs of easing as new unemployment benefit claims by Americans exceed expectations, reaching 231,000. The rise, partly due to seasonal factors, reflects adjustments post-interest rate hikes, with expectations of Federal Reserve r...
09 May, 2024, 06.18 PM ISTIndian students fail to land internships in US amid hire-local push Indian students in the US, including those from Ivy League universities, face internship challenges amid job slowdown. Competition intensifies with scarcity of entry-level job opportunities, impacting job market competitiveness.
07 May, 2024, 02.48 PM ISTRecord immigration is colliding with housing crises across the world Many developed countries are facing economic challenges as migration-driven growth falters due to housing shortages. Despite the positive impact of immigration on workforce gaps, housing affordability worsens, leading to per-capita recessions. Count...
07 May, 2024, 12.18 PM ISTUS job openings stay steady at nearly 8.9 million in January, a sign labour market remains strong The US job market remains healthy, with 8.86 million job vacancies posted in January, slightly down from 8.89 million in December. Although layoffs fell modestly, the number of Americans quitting their jobs remained at historically high levels. The ...
06 Mar, 2024, 09.25 PM IST