U.S. job market shows signs of strain in April
Weekly jobless claims in the United States rose sharply to 241,000 for the week ending April 26, reflecting an increase of 18,000 from the prior...
Tag : labor market
Rising tariffs and inflation fears drive sharp drop in U.S. confidence
Consumer confidence in the United States declined for the fifth consecutive month in April, dropping to its lowest level since May 2020. The Conference Board...
Germany leads big economies in EU job market gains
Employment in the European Union (EU) reached an all-time high in the fourth quarter of 2024, while unemployment dropped to its lowest point since 2000,...
U.S. jobless claims rise to 242,000, highest level in three months
The number of Americans filing for unemployment benefits rose to 242,000 for the week ending February 22, marking a three-month high, according to the U.S....
Japan raises interest rates to 0.5 percent amid inflation concerns
The Bank of Japan (BOJ) raised its benchmark interest rate by 25 basis points to 0.5% on Friday, marking the highest level since 2008. The...
Treasury yields rise as markets await Fed minutes and jobs data
U.S. Treasury yields edged higher early Wednesday as investors awaited key labor market data and the release of minutes from the Federal Reserve’s December meeting....
Labor demand cools as U.S. job openings hit lowest since January 2021
Job openings in the U.S. dropped to their lowest level since January 2021, adding to signs of a slowing labor market. The Bureau of Labor...
AI revolution and its impact on work and economy
As the nexus of artificial intelligence (AI) and the workforce continues to evolve, the landscape of traditional labor and cost structures is undergoing a significant...
US job growth slows again in November as the labor market remains tight
November's job growth was probably the smallest in nearly two years. This is because mounting concerns about a recession have cooled demand for labor. This...