Young adults in the U. S. are facing a tough job market. The unemployment rate for those aged 20 to 24 is at 6. 6%, the highest in a decade. For high school graduates aged 18 to 19, it's even worse at 14. 5%. Why is this happening? Some say it's because of economic uncertainty and fears that artificial intelligence will reduce the need for workers. But a new study s...
In the bustling city of Chennai, a significant number of people with mental health conditions face a tough job market. This issue is often overlooked, but it's crucial to understand the employment challenges they encounter. A recent study shed light on this topic, revealing some startling facts. The study focused on people with mental illness who visited a major men...
The United States started 2025 with a hiring slowdown. Although January saw only 143, 000 jobs being added, the unemployment rate fell to 4%, according to U. S. Bureau of Labor Statistics. Experts had expected a higher job increase of 170, 000, alongside a steady unemployment rate of 4. 1%. The unexpected weather conditions, including severe winter weather ...
December brought a big surprise in the job market, with a whopping 256, 000 new jobs added. This was way more than the expected 155, 000, and it even surpassed November's 212, 000 new jobs. The unemployment rate also dropped slightly to 4. 1%. Even a broader measure, including those who are discouraged or working part-time for economic reasons, hit a low not seen sin...
On Tuesday, markets in the Asia-Pacific region mostly rose, following the lead from Wall Street. Japan's Nikkei 225, for instance, inched up by 0. 77% and closed at 38, 903. 68, building on the previous day's gains. This happened even though Japan's ruling party, the Liberal Democratic Party, lost its parliamentary majority in a recent election for the first time sin...
The Federal Reserve is poised to make a crucial decision - cutting its key interest rate, which has been widely anticipated since the Covid-19 pandemic. The rate cut serves as a benchmark for borrowing costs across the economy, and investors are eagerly waiting to see how big the cut will be. While a majority of respondents in a recent survey predict a 0.25% cut from...