Us Labour Market

Billionaire Elon Musk's purge of federal workers is not expected to have much impact on the February jobs numbers. The Labour Department conducted its survey of employers too early in the month for the Department of Government Efficiency layoffs to show up.

Don’t forget who loses in Fed's quest to soften labour market

Lower-income workers are the ones who have come off the sidelines to fill many recent openings, and will likely be the first to suffer when jobs disappear

US job openings rise to 10.1 million as labour market stays strong despite rate hikes

Employers posted 10.1 million job openings last month, up from 9.7 million in March and the most since January.

Dear MPC, you can stand out, don’t follow US interest rates upwards

The falling off of inflation in India means that the Monetary Policy Committee should not raise interest rates any further

World economy this week: US jobs report, Euro inflation, China slowdown in focus

On Monday, Israel is expected to deliver one of the world’s first rate moves of 2023, extending its longest cycle of monetary tightening in decades

Eco Week | US jobs at cruising speed may keep up pressure on Fed

While the advance in employment would be the smallest since the end of 2020, it would still exceed the average gain of the five years that preceded the pandemic

Will the pandemic productivity boom last?

Since the second quarter of 2020, labour productivity — the amount of output per hour of work — has risen at a 3.8% annual rate, compared with 1.4% from 2005 to 2019

With economic gauges going nuts, Powell takes a longer view

The Fed should move cautiously in raising interest rates, rather than risk choking off a full economic recovery too soon

Paul Krugman writes: America needs to empower workers again

The union revival is necessary for reversing spiralling inequality

Powell says better child care policies might lift women in workforce

In testimony to the US Congress, the Fed chief made it clear that the labour market remained far from healed and the pandemic has disproportionately hurt women and minorities

Unemployment claims show continuing pressure on job market

Of the more than 22 million jobs that disappeared in the spring, 10 million remain lost

Reinventing workers for the post-COVID economy

The US' economic recovery from the COVID-19 pandemic will hinge to some extent on how quickly show managers can become electricians, whether taxi drivers can become plumbers, and how many cooks can manage software for a bank

Risk premium inflates as Trump trade war rages

Even if one expects Trump to succeed, prolonging of political manoeuvres, could make the global supply chain more susceptible to disruption

Bernanke seems schizophrenic; tapering by Sept: Eastspring

The trend in the US Labour market suggests the Fed is probably on track for a September tapering of its quantitative easing programme, says Nicholas Ferres of Eastspring.

US hiring gathers momentum

Non-farm payrolls rose by 236,000 in February, beating analyst forecasts of 160,000, as the US labour market picks up steam. The unemployment rate fell from 7.9 per cent to 7.7 per cent, the lowest in more than four years.

Gold gains ahead of Fed meeting, euro helps

Gold ticked higher on Tuesday as the euro rebounded although trading was cautious with investors waiting for the outcome of a Federal Reserve meeting, which could offer clues over the direction of interest rates in the world's largest economy.

End of Q1 may see Fed pump in QE to help growth: HIS Global

The US labour market received a huge boost after a strong US jobs report stated that employers had added 200,000 jobs in December. Nigel Gault of HIS Global Insight breaks down the US Labor Department's report for CNBC-TV18's viewers.

47% US cos plan to hire new personnel in Jul-Dec: Survey

Reflecting the better labour market conditions, a significant number of companies in the US plan to recruit new personnel during the remaining part of 2011, with customer service and the IT industry expected to offer the strongest hiring prospects, says a survey.