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Ahead of the midterms Trump has boasted about the performance of the US economy. BBC Verify looks at inflation, jobs and economic growth in the country.
Initial jobless claims were little changed in early-October, reinforcing the view that the labor market is cooling through slower hiring rather than rising layoffs. The report gives the Fed little reason to worry about an abrupt deterioration in employment, but it doesn’t ease broader concerns about weak job creation. Lakshman Achuthan, COO and co-founder at ECRI, gives his outlook on employment and reacts to inflation data. (Source: Bloomberg)
Australian unemployment came in stronger than expected in September and the economy shed jobs, pointing to a loosening in the labor market that gives the Reserve Bank scope to assess whether it needs to raise interest rates further.
Narayana says ₹1,002-crore project will create 25,000 jobs; construction to be completed in 30 months
A new law in the Comoros bans foreign nationals from running certain small-scale businesses, threatening the livelihoods of thousands of people, most of them Malagasy. A measure that mirrors a growing wave of economic protectionism targeting migrant workers across the continent.
Jobs are being given to the family members of deceased employees within four months, he says after handing over compassionate appointment letters to 27 persons
The projects across four north Andhra districts are expected to create 23,256 direct jobs, according to the investors
Bloomberg Intelligence Chief US Interest Rate Strategist Ira Jersey tells Bloomberg This Weekend that softer September jobs data give the Federal Reserve room to hold rates steady in October, but persistent inflation could still lead policymakers to raise rates again in December and early next year. Speaking with hosts David Gura and Christina Ruffini, Jersey says strong economic growth and loose fiscal policy are also contributing to higher global bond yields, keeping pressure on central banks to restrain inflation. (Source: Bloomberg)
The government needs 855 acres for the project and has only 25; S. Ramsundar Reddy says most farmers are cooperating and asks locals not to be misled
Speed, service and stability are the core principles, says the HRD Minister, adding that focus is on converting investment commitments into projects, jobs and long-term economic growth
The US economy added 29,000 jobs in September, with unemployment rising to 4.2 percent, according to Labor Department.
US employment growth is expected to slow from August’s blockbuster numbers, with analysts expecting 90,000 jobs added for the month. Michael McKee has a preview on Bloomberg Television. (Source: Bloomberg)
Recalling his early days in university, he said that he had been raised in a value system that imparted the key idea that getting respect from society was the most satisfying result in one’s entrepreneurial journey