US jobless claims drop sharply, but tariff tensions cloud labour...

Dununu.com Dununu

Sponsorluk

US jobless claims drop sharply, but tariff tensions cloud labour market outlook

RSS Feed Business

Posted

119

Despite escalating trade tensions and economic uncertainty, initial jobless claims unexpectedly fell, indicating resilience in the labor market. However, economists remain cautious due to tariff impacts and potential inflation. While employers hesitate to lay off workers, some trade-exposed businesses have initiated modest job cuts, and the median duration of unemployment has increased, signaling potential challenges ahead.

Read Full Article

Please log in to like, share and comment!

India-Pakistan tensions wipe out Rs 7 lakh crore from investor wealth in 2 days

Escalating India-Pakistan tensions, spurred by Operation Sindoor, triggered a significant market...

By 0 16

American YouTuber says he's stuck in Pakistan: 'Pretty crazy feeling...people are unbothered'

By 0 36

Raj Kapoor on allegations of s*xualising women in his films

Raj Kapoor, revered as the 'Showman,' faced accusations of sexualising women in films like...

By 0 39

Wall Street opens higher as US-China trade hopes lift sentiment; Nasdaq up 100

US stock markets opened higher, fueled by tech gains and hopes of easing US-China trade tensions...

By 0 51

Amnesty International Nepal’s 17th National Youth Mela begins in Chitwan

KATHMANDU: Amnesty International Nepal (AI Nepal) has launched the 17th edition of its National...

By 0 51