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Employment/Unemployment Figures

China's Soaring Youth Unemployment Threatens Xi's Economic Vision

The nation needs workers, but college graduates shun low-skill work. Many have opted out of the job market and are ‘lying flat.’ The nation needs workers, but college graduates shun low-skill work. Many have opted out of the job market and are ‘lying flat.’ FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful…

Big Four Accounting Firms Pare Their Consultant Ranks in Postpandemic Reversal

Professional-services giants are facing the consequences of aggressive hiring over the past two years, coupled with less attrition than they expected. Professional-services giants are facing the consequences of aggressive hiring over the past two years, coupled with less attrition than they expected. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified.…

China's Economy Barely Grows as Recovery Fades

China’s economy barely grew in the second quarter from the first and youth unemployment hit a record high in June, evidence of a fading recovery that risks leaving the global economy underpowered. China’s economy barely grew in the second quarter from the first and youth unemployment hit a record high in June, evidence of a fading recovery that risks leaving the global economy underpowered. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator…

Jobs Report Keeps Fed on Track to Raise Rates in July

The Federal Reserve is on course to raise interest rates to a 22-year high later this month to combat inflation. The Federal Reserve is on course to raise interest rates to a 22-year high later this month to combat inflation. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their…

Jobs Report Will Show Whether Hot Hiring Cooled in June

The strong labor market has fed economic momentum and kept pressure on the Fed to raise rates again as it fights high inflation. The strong labor market has fed economic momentum and kept pressure on the Fed to raise rates again as it fights high inflation. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful…

Americans Have Quit Quitting Their Jobs

Listen to article(2 minutes)The surge in Americans quitting their jobs has abated since peaking during the pandemic, another sign that the labor market is cooling from ultra-hot levels as the Federal Reserve raises interest rates.Copyright ©2023Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Listen to article(2 minutes)The surge in Americans quitting their jobs has abated since peaking during the pandemic, another sign that the labor market is cooling from ultra-hot levels as the

Labor Market Headfake?

The high-profile payroll survey could be overestimating job growth because of quirks in how the data are calculated. The high-profile payroll survey could be overestimating job growth because of quirks in how the data are calculated. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to…

U.S. Economy Shows Surprising Vigor in First Half of 2023

Layoffs remain historically low and the economy grew more briskly than estimated. Layoffs remain historically low and the economy grew more briskly than estimated. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to…

China Cuts Rates to Prop Up Flagging Recovery

The Chinese central bank’s latest interest-rate cut signals Beijing is increasingly uneasy about the economy’s prospects. The Chinese central bank’s latest interest-rate cut signals Beijing is increasingly uneasy about the economy’s prospects. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all…

West Coast States Rode the Tech Boom. Now They Face High Unemployment, Falling Wages.

Workers and small businesses in California, Oregon, and Washington state are feeling the economic chill after tens of thousands of tech layoffs. Workers and small businesses in California, Oregon, and Washington state are feeling the economic chill after tens of thousands of tech layoffs. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All…