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US hiring fell sharply in July, an unexpected setback for the economy stoking recession fears

WASHINGTON -- The U.S. economy suffered an unexpected setback in July as hiring fell sharply and the unemployment rate rose for the fourth straight...

U.S. job openings fall slightly to 8.2 million as high interest rates slowly cool a hot labor market

WASHINGTON -- U.S. job openings fell slightly last month, a sign that the American labor market continues to cool in the face of high...

BJP Hails Annual Budget: A Boost for Economy and Infrastructure | Headlines

BJP National General Secretary Tarun Chugh lauded Tuesday's annual budget, declaring it a new chapter in the nation's economic trajectory....

ANZ warns unemployment could rise above 5pc as ‘over-qualified’ job applicants feel ‘abandoned by society’

In short:ANZ is warning the labour market is poised to deteriorate sharply.Recruiters are reporting hundreds of applications for individual roles.What's next?The RBA will have...

Unemployment edges up despite more than 50,000 extra jobs amid rapid population growth

Australia's unemployment rate has continued to edge higher, despite the creation of about 50,000, mostly full-time, jobs.Bureau of Statistics figures put the unemployment rate...

Retail Jobs Fell by 9,000 in June

Retail trade employment edged down by 9,000 jobs in June, after trending up earlier in the year, the latest data from the U.S. Bureau...

OECD headline inflation increases slightly to 5.9% in May – London Business News | Londonlovesbusiness.com

Year-on-year inflation in the OECD as measured by the Consumer Price Index (CPI) increased slightly in May 2024, to 5.9% from...

Most news consumers suspicious of AI in journalism, survey shows

News consumers most opposed to use of AI for sensitive topics such as politics, report finds.Most news consumers in the United States and the...

World Bank boosts forecast: Strength of US economy will support global growth of 2.6% this year

WASHINGTON -- The World Bank upgraded its outlook for the global economy Tuesday, estimating that it will expand 2.6% this year on the strength...

Canada’s economy added a flat 27,000 jobs in May while unemployment ticked up to 6.2% | CBC News

The Canadian economy added a flat 27,000 jobs in May, while unemployment inched up slightly to 6.2 per cent, Statistics Canada said Friday.Economists were expecting an average...

Stock market today: Stocks slip and bond yields jump following a hotter-than-expected jobs report

NEW YORK -- Stocks slipped and Treasury yields rose sharply Friday after the government released a jobs report whose headline numbers came in hotter...

Is the US job market beginning to weaken? Friday’s employment report may provide hints

WASHINGTON -- Tentative signs have emerged that the U.S. economy is cooling in a way that would be welcomed by the Federal Reserve's inflation...

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