US labour department is seeking a legislative change in 4-tiered wage structure to take stronger action against firms using H1B visas to replace American employees with foreign workers
4 min read6 May 2017The unemployment rate in the US fell to the lowest level in 10 years due to a strong rebound in job creation in April
2 min read5 May 2017Payrolls processor ADP says US firms added 263,000 workers in March, the most since December 2014, suggesting further tightening of the labour market
1 min read5 Apr 2017US Labour Department says it will 'rigorously' use its authority to initiate probes into H1B visa violators
3 min read5 Apr 2017A labour department report shows US employment increased by 235,000, unemployment rate fell to 4.7% and wages grew 2.8%
3 min read10 Mar 2017US jobless claims were 246,000 in the period ended 8 October, unchanged from the previous week's level
2 min read13 Oct 2016GDP rose at a 2.3% annualized rate, and a revised 0.6% advance in the first quarter wiped out a previously reported contraction
4 min read30 Jul 2015First-time jobless claims climbed 12,000 to 293,000 in the week ended 20 September
2 min read25 Sep 2014Jobless claims decreased by 36,000 to 280,000 in the period ended 13 September
3 min read18 Sep 2014Initial claims for state jobless benefits increased 11,000 to a seasonally adjusted 315,000 for the week ended 6 Sept, the highest level since late June
1 min read11 Sep 2014The 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