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02 Jun 2017

US unemployment rate hits 16-year low in May

31 May 2017

German jobless rate hits new record low in May

The German unemployment rate dropped to a new record low in May, data showed on Wednesday, in another sign of the strength of the labour market in Europe`s largest economy.

13 Apr 2017

US jobless claims drift lower as April opens

New claims for US jobless benefits drifted downward at the start of April, hitting their lowest level in six weeks, official figures showed Thursday.

13 Jan 2016

U.S. economic growth hampered by dollar, energy prices: Federal Reserve System

The U.S. economy continued to show mixed signals from late November to early January, with improvements in the labour market and consumer spending offset by the drag of a strong dollar and low energy prices, the Federal Reserve said on Wednesday.

12 Jan 2016

US dollar rises amid Fed rate hike expectation

The US dollar gained on Tuesday as market expected the Federal Reserve to continue the interest rate hike in 2016.

10 Sep 2015

US jobless claims fall, point to firming labor market

The number of Americans filing new applications for unemployment benefits fell last week, suggesting a moderation in job growth in August was an aberration.

09 Jun 2015

PM Modi to launch India's biggest labour overhaul in decades

Prime Minister Narendra Modi is preparing to launch India`s biggest overhaul of labour laws since independence in a bid to create millions of manufacturing jobs, at the risk of stirring up a political backlash that could block other critical reforms.

16 Apr 2015

Cheap oil, weak euro powering German recovery: Institutes

The German economy, Europe`s biggest, is enjoying a robust recovery, fuelled by cheap oil, the weak euro and a boom in consumer spending, the country`s top economic institutes said Thursday, sharply upgrading their growth forecast for this year.

30 Jun 2014

Factbox: India's stringent labour laws

India has a slew of laws and rules that shape the labour market, regulating the terms of work, hiring and firing, and the working conditions.

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