employment News

Kansas City Fed President Schmid Warns of Rising Inflation Expectations Amid Economic Strength

Kansas City Fed President Jeff Schmid warns of the dangers of rising inflation expectations, emphasizing the difficulty in containing inflation once it's embedded in expectations. ...

Powell Highlights Employment and PCE as Key Indicators for Federal Reserve's Next Move

Federal Reserve Chair Jerome Powell emphasizes employment and the PCE Price Index as critical indicators for monetary policy, highlighting the complexity of the labor market and th...

Eurozone Business Activity Hits 7-Month Peak in March Amidst Economic Uncertainty

Eurozone's private sector activity reached a seven-month high in March, with PMI figures showing growth. Employment increased, reducing work backlogs, while inflationary pressures ...

Zomato Shakes Up Workforce: Over 600 Customer Support Jobs Axed Amid Performance Concerns

Zomato has laid off 500-600 customer support employees, citing non-performance, with some alleging abrupt termination without notice. The company, which hired 1,500 last year, rema...

McDonald's Expands Global Footprint: Largest GCC Outside US to Open in Hyderabad, Creating 2,000 Jobs

McDonald's is establishing its largest global capability centre outside the US in Hyderabad, planning to hire over 2,000 people. The move highlights Hyderabad's appeal as a global ...

February Sees Continued Growth in UK Business Activity Despite Challenges

The UK's private sector continues to expand for the 16th month, with a slight dip in the PMI. The service sector saw growth but faced challenges in new business and employment. Ris...

February Sees India's Manufacturing Growth Hit a 14-Month Low: What's Behind the Slowdown?

India's manufacturing growth slowed to a 14-month low in February, with the HSBC India Manufacturing PMI falling to 56.3. Despite the slowdown, the sector remains in expansion, dri...

Trump's Pro-Growth Policies More Necessary Than Ever, Jobs Data Suggests

The latest US nonfarm payrolls report highlights the necessity of Donald Trump's pro-growth policies, as emphasized by the White House. Despite a 143,000 increase in nonfarm employ...

Trump's Pro-Growth Policies: A Necessity Revealed by Latest Jobs Data

The latest U.S. nonfarm payrolls report highlights the necessity of President Donald Trump's pro-growth policies, according to White House Press Secretary Karoline Leavitt. Trump's...

South Korea's Economic Outlook Dims: Employment Slump and Rising Pressures Highlighted in Latest Green Book

South Korea faces a significant employment slowdown and increased economic pressures, as highlighted in the latest Green Book. The government shifts its focus towards employment ov...

Eurozone's Economic Revival: A 2025 Outlook by ECB's Philip Lane

ECB's Philip Lane forecasts a stronger Eurozone economic recovery by 2025, driven by investment momentum, robust employment, and rising wages, with inflation expected to stabilize,...

Small Businesses Boost Employment and Units by Over 10% in Post-Pandemic Recovery

Small businesses in India have added over one crore jobs and seen a 13% increase in units, driven by the services sector's robust recovery from the pandemic, according to a recent ...

South Korea's Job Market Struggles: Only 200,000 New Jobs Created in 2023

South Korea's job market saw a sluggish growth in 2023 with only 200,000 new jobs created, marking the lowest annual increase on record. The job market dynamics shifted with a decl...

Fed's Williams: Gradual Policy Adjustments Ahead Amid Economic Stability

Federal Reserve Bank of New York President John C. Williams described the US economy as nearing equilibrium in a speech, emphasizing the Fed's commitment to guiding inflation to it...