In many low- and middle-income countries, economic growth has been stronger than job creation. Output is increasing, firms are investing, and labor participation remains high, but fixed income employment is growing slowly. The informal system is still prevalent, and the working hours are often short. Recent evidence from different countries shows that GDP-employment elasticity in … Read more
Laura Ullrich sympathizes with college students looking for work. The director of economic research for the workplace is certainly aware of the problem. His son, a data scientist, is getting his master’s degree this year. He says: “Because of the work I do, the parents of many of his friends and his friends ask me … Read more
Listen to the title 3 minutes This sound is self-generated. Please let us know if you have any comments. The manufacturing industry has has recovered from staff losses earlier this year, added 15,000 jobs in March, according to Bureau of Labor Statistics data released Friday. That’s a 400% year-over-year increase, which saw the loss of … Read more
Hiring across the US increased in March after falling sharply the previous month, as employers added 178,000 jobs, according to new data from the Labor Department. In numbers The March jobs report beat consensus estimates of last month’s gains by 60,000, according to FactSet. The unemployment rate fell to 4.3% in March, from 4.4% the … Read more
The March jobs report is expected to show the US labor market remained steady last month, but experts say the Iran war has already changed the economic landscape in the weeks since the data informing Friday’s report was collected. Subscribe to read this story without ads Get ad-free articles and exclusive content. The surveys carried … Read more
A “Help Wanted” sign hangs in the window of a restaurant in Medford, Massachusetts, US, January 25, 2023. Brian Snyder | Reuters Non-farm payrolls are expected to fall back – slightly – in March as consumers tune in for what is shaping up to be a healthy labor market. The US economy is estimated to … Read more
Skip to next section See you tomorrow! 04/02/2026April 2, 2026 See you tomorrow! Thanks for following our India news coverage on Thursday, April 2. We’ll be back tomorrow with some of what India is talking about. https://p.dw.com/p/5BbIn Skip to next section India’s defense exports exceed $4 billion 04/02/2026April 2, 2026 India’s defense exports exceed $4 … Read more
America’s AI vision may be undone not by a lack of money or computing power, but by a shortage of electricians. It is an agreement between two different titans of the Fortune 500: Ford CEO Jim Farley, who has spent years lamenting the crisis in what he calls the “essential economy,” and Goldman Sachs, which … Read more
The March jobs report, due out on Friday morning, could provide a much-needed reality check after two months of turmoil in the US labor market. But even if a baseline can be reached, and there is clarity about the health of the labor market, it’s a whole new ball game now. The conflict in the … Read more
Introduction With Labor Day coming up on Friday, it’s important to understand how the Fed is tracking the labor market. In particular, it is important that we do not rely on non-agricultural monthly publications – something we have warned against ever since. 2023. Whiplash reviewsthe changing “breakeven rate” (the number of jobs needed to keep … Read more