Jobless

The U.S. dollar rose against a basket of major currencies on Thursday, after recent jobless claims data strengthened the case for the Federal Reserve to halt interest rate hikes, but kept a high bar for a year-end cuts.The number of…

WASHINGTON: Applications for US unemployment benefits rose to the highest level since October 2021, adding to evidence that the labor marketis gradually cooling.Initial unemployment claims increased by 22,000 to 264,000 in the week ended…

Last Updated: April 28, 2023, 02:41 IST22 central banks have their currencies pegged to the US dollar. (Representative image/Reuters)Economists polled by Reuters had forecast GDP rising at a 2.0% rateThe dollar rose on Thursday as…

US applications for jobless benefits rose to their highest level in more than a year, but remain at relatively low levels despite efforts by the Federal Reserve to cool the economy and job market in its battle against inflation.Jobless…

Activists from the Pakistan Democratic Movement (PDM) shout slogans as they take part in a anti-government demonstration to protest against inflation, unemployment and other economic issues in Karachi on October 22, 2021. (Credits: AFP)The…

New York CNN  —  Millions of jobs could be on the chopping block this year, as the Federal Reserve continues its rate-hiking campaign to tame inflation. But the effects of that…

WASHINGTON: Initial claims for state unemployment benefits dropped 18,000 to a seasonally adjusted 228,000 for the week ended April 1, the Labor Department said on Thursday. Data for the prior week was revised to show 48,000 more…

India’s unemployment rate climbed to a three-month high of 7.8% in March amid concerns a global slowdown will hurt Asia’s third-largest economy.Urban joblessness remained elevated at 8.4%, compared with about 7.5% in rural areas, according…

Burger King fans in Michigan will soon have to find a new spot to satisfy their burger cravings. The fast-food chain is closing 26 restaurants across the state after EYM King, the Burger King franchisee in Michigan, failed to renew its deal…

Inflation remains more than double the Fed's 2 per cent target, and the economy is growing and adding jobs at a healthy clip. Jobless claims in the US for the week ending March 18 fell by 1,000 to 191,000 from the previous week, the Labour…