labor market
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USA
US News: Jobless Claims Edge Up, but Labor Market Resilience Eases Concerns
The latest report from the Labor Department reveals a slight uptick in weekly jobless claims, reaching 218,000 for the week ending Dec. 23, a rise of 12,000 from the previous week. However, the four-week average, a more stable measure, decreased by 250 to 212,000. Although 1.88 million Americans were collecting jobless benefits, an increase of 14,000 from the prior week,…
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Business
S&P Global Forecasts India’s GDP Growth to Reach 7% by 2026
A recent report by S&P Global suggests that India is on track to become the third-largest economy by 2030, with its GDP expected to grow from 6.4% in 2023 to 7% in 2026. Currently, India is the fifth-largest economy globally, following the US, China, Germany, and Japan. S&P predicts that India will be the fastest-growing major economy in the next…
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