Massachusetts unemployment ticks up; Layoffs at Boeing near 2,200

Massachusetts unemployment ticks up; Layoffs at Boeing near 2,200

The statewide unemployment rate climbed slightly to 3.9% in October. While still lower than the national level, it’s been on a gradual increase for most of 2024. State labor officials announced that the unemployment rate grew by one-tenth of a percentage point month over month, landing 0.5 percentage points above where it was in October … Read more

Federal Reserve eyes another rate cut

Federal Reserve eyes another rate cut

WASHINGTON — No one knows how Tuesday’s presidential election will turn out, but the Federal Reserve’s move two days later is much easier to predict: With inflation continuing to cool, the Fed is set to cut interest rates for a second time this year. The presidential contest might still be unresolved when the Fed ends … Read more

Lies, deceit, fakery, loot & publicity best describe your govt: Congress’ Kharge replies to PM Modi attacks

Lies, deceit, fakery, loot & publicity best describe your govt: Congress’ Kharge replies to PM Modi attacks

Replying to Prime Minister Narendra Modi’s recent attack, Congress President Mallikarjun Kharge said lies, deceit, fakery, loot and publicity are the five adjectives that best describe the BJP government, adding that the 100-day plan was a cheap PR stunt. “Lies, Deceit, Fakery, Loot & Publicity are the 5 adjectives which best describe your Govt! Your … Read more

U.S. job growth in October hampered by hurricanes and Boeing strike

U.S. job growth in October hampered by hurricanes and Boeing strike

U.S. job growth in October hampered by hurricanes and Boeing strike – CBS News Watch CBS News The Labor Department has released October’s jobs report with employment growth slowed during the month due to Hurricanes Milton and Helene along with the Boeing strike. CBS News MoneyWatch correspondent Kelly O’Grady breaks down the numbers. Be the … Read more

Final Labor Report Before Election Finds Employment Rate Remains Unchanged

Final Labor Report Before Election Finds Employment Rate Remains Unchanged

“We Are Hiring” Sign Eric Prouzet/Unsplash Nonfarm payroll employment grew by 12,000 in October, essentially remaining unchanged. The unemployment rate also remained steady at 4.1 percent with 7 million people looking for work. The U.S. Bureau of Labor Statistics released its October jobs report on Friday morning. Employment continued to trend up in health care … Read more

Der offene Bruch – POLITICO

Der offene Bruch – POLITICO

Der Kanzler lädt zum Industrie-Gipfel, und zeitgleich empfängt der Finanzminister die Familienunternehmer und den Mittelstand. Was heute normales, aktuelles politisches Geschäft sein könnte, ist Ausdruck weiterer Ampel-Streitereien. Denn abgestimmt haben sich Olaf Scholz und Christian Lindner nicht. Wie sich beide immer weiter entfremden und voneinander entfernen, analysiert Gordon Repinski. Nach dem Bekanntwerden umfassender Spar- und … Read more

‘Why Are You Driving For Uber?’: 43-Year-Old With 5 Degrees And MBA Can’t Get Job Despite Over 2000 Applications

‘Why Are You Driving For Uber?’: 43-Year-Old With 5 Degrees And MBA Can’t Get Job Despite Over 2000 Applications

Kevin Cash, a 43-year-old father from outside Portland, Oregon, finds himself in an unexpected situation: driving for Uber and picking up freelance work through Taskrabbit, despite holding five degrees, including an MBA, and being a member of the high-IQ society, Mensa. His career has seen him work at renowned companies such as HP, Accenture, and … Read more

The job crisis undermines state legitimacy

The job crisis undermines state legitimacy

Aspirants wait to board a train to go home after completing the Uttar Pradesh constable civil police direct recruitment examination in Lucknow. File | Photo Credit: The Hindu India is not producing enough good quality jobs for its people. A good quality job provides dignity, adequate compensation, an opportunity for learning, and advancement for those … Read more

Young Chinese pessimistic about prospects as new graduates flood grim job market

Young Chinese pessimistic about prospects as new graduates flood grim job market

Shenzhen-based software developer Peter Li was laid off from a leading internet company last month – his first job since graduating from university – after failing to meet department performance targets. He joins a growing group of young victims of China’s grim job market. While the 24-year-old expects to find another job eventually, Li said … Read more

US Hiring Soars Past Expectations In Sign Of Resilient Market

US Hiring Soars Past Expectations In Sign Of Resilient Market

Hiring in the United States picked up significantly more than expected in September while the jobless rate crept lower, according to government data released Friday, offering relief to policymakers ahead of November’s election. The world’s biggest economy added 254,000 jobs last month, the Department of Labor said. This was markedly higher than August’s 159,000 number, … Read more