●White-collar hiring shifts towards specialised AI skills, experienced professionals in September: ReportWhite-collar hiring is becoming more selectiveDemand is rising for specialised AI skills and experienced professionalsJobs and layoffsAI1 source · 30m
●Falling wages, soaring energy prices and inflation: It’s beginning to look a lot like the 1970sThe article compares current falling wages, rising energy prices and inflation with the 1970sIt asks whether investors should return to the financial playbook used during that decadeInflationJobs and layoffsUS economy1 source · 6h
Data●Developing · 4US adds 29,000 jobs in September as unemployment rises to 4.2%Hiring fell from a revised 133,000 in August to 29,000 in SeptemberUnemployment rose to 4.2% from 4.1% in AugustUS demand signals matter to Indian IT services companies reliant on American clientsUS jobs dataJobs and layoffsUS economy4 sources · 14h
Data●Developing · 4Labor market faltered in September as jobs increased by just 29,000, unemployment rate rose to 4.2%US nonfarm payrolls rose by 29,000 in September, versus 84,000 expectedUnemployment rose to 4.2%, from 4.1% expectedA softer US jobs market may affect Indian IT exporters through client demand and global rate expectationsUS jobs dataJobs and layoffsUS economy2 sources · 14h
Data●Developing · 4‘Workers growing increasingly anxious’: US adds 29k jobs, far below 90k expectedUS employers added 29,000 jobs in September, far below economists’ 90,000 expectationThe unemployment rate rose to 4.2%Weaker US demand may weigh on Indian IT exporters’ growth prospectsUS jobs dataUS economyJobs and layoffs1 source · 14h
Data●US economy adds just 29,000 jobs in September as hiring slows sharplyThe US economy added 29,000 jobs in September, as hiring slowed sharplyUS hiring weakness may affect Indian IT firms through client spending and Fed-rate expectationsUS jobs dataUS economyUS FedJobs and layoffs1 source · 11h
Data▲US jobs growth falls sharply to 29,000 in September; rate-hike bets tumble, futures surgeUS employers added 29,000 jobs in September, below expectations of 84,000–90,000Rate-hike bets tumbled and futures surged after the weak jobs figureUS jobs dataUS economyUS FedJobs and layoffs1 source · 14h
Data●U.S. added just 29,000 jobs in September, with unemployment rate rising to 4.2%The US added 29,000 jobs in September and unemployment rose to 4.2%Traders priced a 23% chance of a second Fed rate hike at its policy meeting later this monthUS rate expectations influence foreign flows into Indian equities and funding conditions for Indian companiesUS jobs dataUS FedUS TreasuriesJobs and layoffs1 source · 15h
Policy●DA news: Telangana Cabinet approves release of two pending instalments — when will remaining arrears be cleared?Telangana Cabinet approved two pending DA instalments for employees and pensionersThe release adds ₹2,500 crore annually to the state’s spendingHigher state spending may support Telangana-linked consumption businesses, while increasing fiscal outlaysDearness allowanceJobs and layoffs2 sources · 18h
●India tourism growth faces skills crunch; workforce shortfall may hit 11 million by 2035: CBRETourism workforce shortfall may reach around 11 million by 2035Demand for trained professionals is struggling to keep pace with industry expansionA skills gap could constrain growth for India’s hotels and travel sectorHotels and travelIndia Tourism DevelopmentJobs and layoffs1 source · 20h
Data●Factory Wages Rise Across India, But Jharkhand Bucks The Trend; Check State-Wise DataBihar recorded the sharpest wage rise among major states, at 16.7%Bihar’s average factory wage reached Rs 1.63 lakhRising factory wages may increase labour costs for Indian manufacturersFactoryJobs and layoffsEconomic growthLabour codes1 source · 21h
●Switching jobs to get higher pay works best in these industriesSwitching jobs can bring higher pay, with the strongest gains varying by industryJobs and layoffsLabour codes1 source · 7h