Topic
labor market
Business India's June Jobless Rate Holds at 5.5% as Female Unemployment Rises, Participation Slips
India's overall unemployment rate remained unchanged at 5.5% in June, according to the latest NSO PLFS data. However, female unemployment rose to 5.9% from 5.6%, while the female labour force participation rate slid for the fourth consecutive month to 32.7% due to a sharp decline in rural areas. Male unemployment edged down to 5.3%.
World Cup Fails to Boost US Hospitality Jobs as Sector Sheds 61,000 Positions in June
US hospitality employment declined by 61,000 in June, contradicting expectations of a World Cup jobs boom. Overall nonfarm payrolls rose by 57,000 and unemployment edged down to 4.2%, according to the Bureau of Labor Statistics.
Business US Adds Just 57,000 Jobs in June as Hiring Slump Signals Cooling Labor Market
The US added only 57,000 jobs in June, far below May's revised 129,000, signaling a loss of hiring momentum. Unemployment eased to 4.2%, but labor force participation fell. Sector performance diverged sharply, with leisure and hospitality losing 61,000 jobs while professional services and healthcare added. The Federal Reserve held rates at 3.5-3.75% as inflation remains above target.
Business Tackle workplace sickness to unlock hidden growth, former John Lewis boss says
Former John Lewis chair Sir Charlie Mayfield says addressing long-term sickness absence could unlock hidden economic growth, with the issue costing the UK £212bn annually. Over 250 major employers have joined his Get Britain Working taskforce to track workplace health metrics.
Technology AI Boom Drives Surge in Demand and Pay for Industrial Engineers in India's Data Centre Sector
India's AI data-centre boom is driving a surge in demand for mechanical, electrical, and cooling engineers, with salaries ranging from Rs 5 lakh to Rs 1.8 crore annually. Companies including Equinix, AWS, Google, and Schneider Electric are actively hiring for specialised roles like AI infrastructure architects and liquid cooling specialists. According to Avendus Capital, operational data-centre capacity is expected to rise from 1.6GW in 2025 to 5GW by 2030.
Logistics Muted Truck Transportation Job Growth Signals Persistent Capacity Constraints for Shippers
U.S. truck transportation employment in June 2026 totaled 1,466,600 jobs, just 1,000 higher than January, with monthly declines in four of the last five months. Analysts cite regulatory pressure, high operating costs, and a fragile consumer economy as factors, warning that continued rate increases may be needed to attract drivers. Meanwhile, warehouse jobs grew by 18,100 over three months but remain below year-ago levels, and rail employment continues to lag.
Business UK Job Vacancies Fall to Five-Year Low as Firms Cut Back on Recruitment
The number of UK job vacancies fell to 707,000 in March-May 2026, the lowest level in five years, according to the Office for National Statistics (ONS). The data signals a softening labour market, with professional services, retail and hospitality seeing the steepest declines. New hires also hit a five-year low at just under 540,000 in April. The unemployment rate edged down to 4.9% while regular pay growth held at 3.4%.
Business People Starting New Jobs at Lowest Level in Five Years, ONS Data Shows
The number of people starting new jobs in the UK has fallen to its lowest level in five years, according to the Office for National Statistics. The data, covering the three months to April, shows vacancies continuing to decline and employers growing more cautious, although the unemployment rate edged down to 4.9%.
Business Skilled Blue-Collar Talent Demand Surges 500% for Robotics as AI Drives 'Labour Flip'
Randstad analysis of 50M+ job postings reveals demand for skilled blue-collar roles in India surged dramatically, with robotics technicians up over 500%. The 'labour flip' is narrowing pay gaps between blue-collar and entry-level white-collar jobs.
Business Navigating Credit: How Lenders Assess New Borrowers
Lenders face challenges evaluating new-to-credit customers due to lack of credit history. Existing bank relationships and job stability play crucial roles in credit approval. Recent grads face higher unemployment, impacting creditworthiness.
Business India's Gig Workforce Spurs Social Security Initiatives
India's gig workforce is projected to grow to 2.5 crore by 2030, prompting government initiatives for social security schemes. The e-Shram portal will play a key role in managing benefits for gig workers.