LABOR
Philadelphia: President Joe Biden touts unions, job creation at Labor Day rally
President Joe Biden has told a crowd gathered in Philadelphia for a Labor Day parade he's “celebrating jobs, good-paying jobs, jobs you can raise a family on, union jobs.”The Democratic president was at the Tri-State Labor Day Parade on Monday, speaking about the importa...
US economy likely created 200,000 new jobs in July
The American economy has generated at least 200,000 new jobs for a record 30 straight months.And the streak likely continued into July. But just barely.The Labor Department’s latest jobs report, out Friday, is expected to show that employers tacked on exactly 200,000 jobs last month, according to a ...
Watch: Robot waiters are rolling into more restaurants amid labor shortages
Are robot waiters the future? It’s a question the restaurant industry is increasingly trying to answer.Many think the waist-high machines are the solution to restaurants’ labor shortages. They can greet guests, lead them to their tables, deliver food and drinks and ferry dir...
US inflation hits two-year low; declines sharply to 3% in June
US inflation sharply cooled last month, offering fresh hope that the Federal Reserve can soon wrap up the most aggressive interest-rate hikes in decades. The consumer price index rose 3% last month from a year ago, the smallest advance in more than two years, according to data out Wednes...
US consumer inflation eases to 4.9% in April, better than expectations
Consumer inflation in the United States nudged down only slightly in April, the Labor Department said on Wednesday, despite strong efforts to cool the economy and rein in price increases. The consumer price index (CPI), a key inflation gauge, rose 4.9 per cent from a year ago, ju...
Australia PM Scott Morrison loses elections, Anthony Albanese will be new PM
Incumbent Australian PM Scott Morrison removed from power. Anthony Albanese will be the Australia's new PM overseeing the first Labor Govt in almost a decade.Australia PM Scott Morrison loses elections, Anthony Albanese will be new PM
US inflation dips to 8.3% in April, slows from 40-year high but stays close
Inflation slowed in April after seven months of relentless gains, a tentative sign that price increases may be peaking while still imposing a financial strain on American households. Consumer prices jumped 8.3% last month from 12 months earlier, the Labor Department said Wed
US annual inflation eases to 6.4% in January
US consumer inflation cooled slightly in January to 6.4 percent but the figure remains markedly above policymakers' target, boosted by shelter and energy costs, Labor Department data showed on Tuesday. Craig Erlam of Oanda discusses with Vikram Oza the cues that the markets would be taking from the CPI da
Watch: Joe Biden visits union workers on Labor Day
President Joe Biden marked the Labor Day holiday on Monday by delivering deli sandwiches to union members, the people he says built the middle class.Watch: Joe Biden visits union workers on Labor Day
US: Tentative railway labour deal averts strike; Biden says 'big win for America'
President Joe Biden announced Thursday that a tentative railway labour agreement had been reached, averting a nationwide strike that could have devastated the economy before the pivotal midterm elections. Railroads and union representatives had been in negotiations for
What's behind India's shrinking labor force?: CMIE Chief Mahesh Vyas explains
The 'Great Indian reshuffle'...What's behind India's shrinking labor force? CMIE Chief Mahesh Vyas explains. What's behind India's shrinking labor force?: CMIE Chief Mahesh Vyas explains
Watch: Ukraine’s nurse and doctor celebrate their wedding in war-torn Kharkiv
In leather jackets, bride Anastasiya Grachova and groom Anton Sokolov walk down the aisle full of rubble of a bombarded building in Kharkiv city. Grachova, a nurse, and Sokolov, a dental surgeon, met when they were volunteering to give medical help to people as the eastern
US inflation hits fresh 40-year high of 7.9% on rising fuel and food costs
Propelled by surging costs for gas, food and housing, consumer inflation jumped 7.9% over the past year, the sharpest spike since 1982 and likely only a harbinger of even higher prices to come. The increase reported Thursday by the Labor Department reflected the 12 months end
US to block palm oil imports from large Malaysian producer over alleged forced labor abuses
The United States will detain shipments of palm oil and its products from a major producer in Malaysia after a wide range of labor abuse indicators were found, including physical and sexual violence and forced child labor, an official said Wednesday. The with
Why SMEs think bigger isn’t always better: ILO’s Dagmar Walter explains
Archaic and stringent labour rules have stifled growth for businesses in India. For SMEs staying small makes sense as firms that employ less than 5 people fall outside the ambit of these labour laws. This, however, means a large section of Indian businesses continue to work in t
Chandigarh: Six die in roof collapse
Six persons died and around a dozen were injured when a liquor vend collapsed at Transport Area in sector 26 on Monday. The adjoining site of vend was under construction.Chandigarh: Six die in roof collapse
Wall St buoyed by US labor data, Greek aid plan
Wall St buoyed by US labor data, Greek aid plan
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