At the post-monetary policy press briefing, RBI Governor Shaktikanta Das said that GDP growth figures in the US are doing well and it was not right to rush to a conclusion that the country was slowly slipping into recession.
Washington D.C. [US], August 21 (ANI): With job losses continuing to plague the labour market five months into coronavirus pandemic, the number of people applying for the first time for unemployment insurance ticked up last week to 1.1 million, reported The Washington Post.
Washington DC [USA], July 3 (ANI): The US unemployment rate is expected to stay above the pre-pandemic level through the end of 2030, The Washington Post reported citing a 10-year economic report released on Thursday by Congressional Budget Office (CBO).
Washington DC [USA], May 9 (ANI): Due to the coronavirus-induced crisis, the unemployment rate in the United States jumped from 10.3 per cent to 14.7 per cent in the month of April, representing the largest over-the-month increase since 1948.
Mumbai (Maharashtra) [India], Oct 7 (ANI): Equity benchmarks gained during early hours on Monday in line with most global markets after data showed the US unemployment rate dropped to the lowest in almost 50 years.
Washington DC [USA], Oct 5 (ANI): The US unemployment rate dropped to near a 50-year low of 3.5 per cent, with 136,000 jobs added to the economy in September, country's department of Labour said on Friday.