Indian tech industry supports over 411,000 jobs in US: Report
Indian tech industry contributed nearly 411,000 jobs to the US economy this year and USD 20 billion in taxes between 2011-15 when American firms leveraged Indian talent to provide innovative and cost-competitive solutions to boost their global market share, a new report said Monday.
Sep 21, 2015, 18:02 PM IST
US jobless claims edge higher
Initial jobless claims, a sign of the pace of layoffs, rose to 274,000 in the week ending August 8, an increase of 5,000 from the previous week`s level, the Labor Department reported.
Aug 13, 2015, 21:31 PM IST
Dollar slips vs euro, yen after US jobs report
The dollar fell against the euro and the yen Friday, despite a solid US jobs report that raised expectations that the Federal Reserve will soon lift interest rates.
Aug 08, 2015, 06:06 AM IST
US stocks fall as jobs report lifts talk of rate hike
Wall Street stocks dropped Friday after a solid US jobs report for July lifted expectations the Federal Reserve will soon raise interest rates.
Aug 08, 2015, 02:54 AM IST
US jobless claims tick higher
Initial jobless claims, a sign of the pace of layoffs, rose to 270,000 in the week ending August 1, an increase of 3,000 from the prior week`s unrevised level of 267,000.
Aug 06, 2015, 18:30 PM IST
US jobless claims drop to 41-1/2-year
The number of Americans filing new applications for unemployment benefits last week fell to its lowest level in more than 41-1/2 years, suggesting the labor market maintained a solid pace of job growth in July.
Jul 23, 2015, 19:47 PM IST
US jobless claims fall
New claims for US unemployment benefits fell last week, the government said Thursday in a report adding further evidence of a tightening labor market.
Jun 19, 2015, 00:23 AM IST
Shanghai up on China data as US jobs growth fuels rate hike talk
Shanghai stocks ended at a seven-year high Monday after another round of weak Chinese data fuelled hopes for fresh stimulus, while the dollar sat around 13-year highs following a forecast-busting US jobs report.
Jun 08, 2015, 19:12 PM IST
Shanghai up on China data as US jobs growth fuels rate hike talk
Shanghai stocks were the stand-out performers in Asian trade Monday after another round of weak Chinese data fuelled hopes for fresh stimulus, while the dollar sat around 13-year highs following a forecast-busting US jobs report.
Jun 08, 2015, 12:42 PM IST
US job growth surges, wages push higher in May
Nonfarm payrolls increased 280,000 last month, the largest gain since December, the Labor Department said on Friday.
Jun 05, 2015, 19:00 PM IST
Sturdy US jobs report boosts chances of Fed rate hike
Nonfarm payrolls increased 280,000 last month, the largest gain since December, the Labor Department said on Friday.
Jun 05, 2015, 18:43 PM IST
Fed still seen in lift-off mode as Yellen takes centre stage
The US Federal Reserve is likely to stick with plans to raise interest rates later this year, with progress towards its employment and inflation goals helping allay concerns over the economy`s recent weakness, current and former Fed officials say.
May 22, 2015, 09:11 AM IST
US gains 223,000 jobs in April, jobless rate at 7-year low
The US economy pumped out a solid 223,000 net new jobs in April, rebounding modestly from a dismal March, the Labor Department reported Friday.
May 08, 2015, 19:07 PM IST
US jobless claims trend at 15-year low
New claims for US unemployment insurance benefits rose modestly last week but the overall trend fell to a 15-year low, the Labor Department reported Thursday.
May 07, 2015, 18:59 PM IST
Gold up as dollar turns lower; focus on U.S. jobs data
Gold rose on Tuesday as the dollar turned lower and global shares fell ahead of U.S. non-farm payroll data later in the week that could give clues as to when the Federal Reserve will raise interest rates.
May 06, 2015, 01:16 AM IST
US jobless claims steady at 295,000
New claims for US unemployment insurance benefits held steady last week above the trend, the Labor Department reported on Thursday.
Apr 23, 2015, 18:41 PM IST
Gold price slips on renewed bets for US rate hike in June
Gold retreated for a third session in a row on Thursday after comments from Federal Reserve officials and minutes of the U.S. central bank`s meeting last month suggested that a rate increase in June remained on the cards despite recent weak data.
Apr 09, 2015, 09:21 AM IST
'H-1B visa system is broken, needs to be fixed'
With the announcement that both the 65,000 and 20,000 H-1B visa caps for fiscal year 2016 have been reached, a top business body in the US has made a renewed call for Congress to fix the immigration system that keeps US companies from hiring the top world talent they need.
Apr 09, 2015, 09:20 AM IST
US dollar rallies, eroding Wall Street gains
The US dollar rose more than 1 percent on Tuesday, resuming a recent upward trend and weighing on Wall Street stocks as investors fretted the currency`s strength would hurt multinational corporate profits.
Apr 08, 2015, 08:48 AM IST
Asian shares surge, attention on Fed minutes
Asian markets rallied Wednesday in the first full day of trade since the Easter weekend, with Hong Kong surging as it reacted for the first time to weak US jobs data that reduced the chances of a rate hike any time soon.
Apr 08, 2015, 08:41 AM IST
