Jobs

jobs india: ‘Unemployment is not a problem’: Arvind Panagariya’s prescription to FM Nirmala Sitharaman ahead of Budget

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jobs india: ‘Unemployment is not a problem’: Arvind Panagariya’s prescription to FM Nirmala Sitharaman ahead of Budget

Finance Commission Chairman Arvind Panagariya believes India’s main challenge isn’t creating jobs but reallocating capital to more labor-intensive sectors. Too much capital is tied up in industries that don’t hire many workers, he said. “The problem lies in the industry’s composition, especially manufacturing,” Panagariya told NDTV in an interview. The lack of jobs was the … Read more

Biden cheers May jobs report, slams Congressional GOP economic plan

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Biden cheers May jobs report, slams Congressional GOP economic plan

US President Joe Biden speaks about the economy at the International Brotherhood of Electrical Workers Local 26 union, in Lanham, Maryland, on February 15, 2023. Mandel Ngan | Afp | Getty Images President Joe Biden touted the far better-than-expected May jobs report, boasting about “the great American comeback” and calling out Congressional Republicans’ economic plan … Read more

U.S. job gains totaled 272,000 in May

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U.S. job gains totaled 272,000 in May

A Now Hiring sign hangs near the entrance to the PetSmart store on December 03, 2021 in Miami, Florida. Joe Raedle | Getty Images The U.S. economy added far more jobs than expected in May, countering fears of a slowdown in the labor market and likely reducing the Federal Reserve’s impetus to lower interest rates. … Read more

Private payrolls growth slows to 152,000 in May, much less than expected, ADP says

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Private payrolls growth slows to 152,000 in May, much less than expected, ADP says

A bartender prepares drinks in Le Central restaurant in San Francisco, California, US, on Tuesday, May 7, 2024.  David Paul Morris | Bloomberg | Getty Images Private job creation slowed more than expected in May, according to a report Wednesday from ADP that signals further sluggishness in the labor market. The payroll processing firm said … Read more

Job openings report April 2024: Job openings fell again

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Job openings report April 2024: Job openings fell again

Job openings fell more than forecast in April, signaling a potential weakening in the labor market that could provide the Federal Reserve with more impetus to start lowering interest rates. The Labor Department’s Job Openings and Labor Turnover Survey released Tuesday showed that the level of employment vacancies slipped to 8.06 million for the month, … Read more

Job market is strong but more competitive for applicants

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Job market is strong but more competitive for applicants

SDI Productions | E+ | Getty Images A gradual cooling of the labor market has made it tougher to find a new job, but overall conditions are still favorable for job seekers. “Things have gotten competitive,” said Julia Pollak, chief economist at ZipRecruiter. “Don’t get discouraged; there are opportunities out there,” she added. “This is … Read more

Underpaid? How to figure it out and what to do about it

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Underpaid? How to figure it out and what to do about it

Early in her career, Kelly Harry worked at a major news organization in New York City as an account executive in ad sales. “I was making $40,000 a year, and I really thought that that was a lot of money at the time, until I had a casual conversation with my co-worker who was actually … Read more

Hiring stays strong for low earners, Vanguard finds

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Hiring stays strong for low earners, Vanguard finds

Pixelseffect | E+ | Getty Images The pace of hiring remains strong for lower-earning Americans, holding steady above its pre-pandemic baseline even as the demand for higher-income workers has waned slightly, according to new data from Vanguard. The hires rate for the bottom third of workers by income (who earn less than $55,000 a year) … Read more

How to decenter work and live a purposeful life: psychology expert

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How to decenter work and live a purposeful life: psychology expert

Jodi Wellman, a positive psychology expert, was an executive leader for 17 years but realized that achieving the pinnacle of success wasn’t bringing her any joy. “I was, like many people, achievement-oriented. I tied my sense of self-worth to what I was doing, how much I was producing, what the name on my business card … Read more

Top 10 most desirable cities for expats looking to relocate in 2024

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Top 10 most desirable cities for expats looking to relocate in 2024

London tops the list as the most attractive destination city for work, according to the Decoding Mobile Talent 2024 report. Andresr | E+ | Getty Images In an increasingly globalized world, living and working overseas is becoming less of a daunting dream — and more attainable for many. “Globally, one in four professionals are actively … Read more