Labour Market News
Economic advice for Donald Trump and Jerome Powell: First, do no harm
America’s economy has done well in recent times and its top policymakers must now ensure that its post-pandemic business dynamism does not fizzle out. They must watch the US labour market and startup statistics closely.
4 min read27 Nov 2024They’re desperate for work—and being brutally open about it
Job seekers are putting pink banners and the word #Desperate on their LinkedIn profiles.
4 min read11 Oct 2024A nation of workaholics has a new fixation: working less
Fresh statistics are blowing a hole in Germany’s reputation for hard work as a new generation discovers the joys of taking it easy.
5 min read20 Aug 2024Hotshot lawyers are switching jobs, taking entire teams with them
Top law firms such as Cyril Amarchand Mangaldas, JSA Advocates & Solicitors, and Khaitan & Co are seeing a war for talent, with leaders of practice groups departing for rivals. Clients often move their loyalties along with the partners and not the law firms.
3 min read31 Jul 2024Quess launches blue-collar recruitment hubs to meet rise in labour demand
Quess plans to establish 15 Jobspot centres this year, which will offer employment to over one lakh entry-level and experienced blue-collar workers. The centres will provide access to formal employment, skill development, and social security benefits during their tenure with the company.
2 min read11 Jun 2024ESG, Big Labor and Starbucks
Installing union-centric directors to the company’s board will mean higher prices and worse service.
3 min read5 Mar 202442% graduates under 25 years remained jobless post-covid
The Azim Premji University report says that a large variation in the rate of unemployment exists even among people with higher education
2 min read20 Sep 2023Hawkish to dovish: Fed softens, RBI contemplates
The Fed’s commitment to price stability means the possibility of another rate hike this year is open. In fact, prior to the July meeting, the Fed dot plot projections were pencilling in two more rate hikes for 2023.
2 min read28 Jul 2023The Fed’s tough task
The Federal Reserve is expected to raise its policy rate, despite US inflation dropping to 3%. Uncertainty remains due to globalization factors and inflation control. The Fed is committed to its mandate, but easing supply clamps could help control inflation.
1 min read26 Jul 2023The quest to soften America’s labour market has a downside
The Fed must do it to quell inflation but low-end wages will suffer
3 min read26 Jun 2023Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared