Tag: employment

Jobless claims fall below 300,000 for first time since pandemic. Businesses shun layoffs amid labor shortage

The numbers: Just 293,000 people who recently lost their jobs applied for unemployment benefits in mid-October, pushing new U.S. jobless claims to a pandemic low amid a frantic effort by companies to hire more workers. New jobless claims sank by 36,000 in the seven days ended Oct. 9 from a revised 329,000 in the prior […]

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Karnataka to frame employment policy

State will offer incentives to industries and entrepreneurs who provide maximum number of jobs   Chief Minister Basavaraj Bommai said that the Karnataka Government will come out with an employment policy for providing incentives to industries and entrepreneurs who provide the maximum number of jobs. Karnataka would also formulate an R&D policy to promote research […]

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Fed’s Kaplan expects to support a taper-plan announcement later this month

Dallas Fed President Robert Kaplan said Wednesday he expects to advocate that the Fed announce a plan to slow down its $120 billion per month of asset purchases “sooner rather than later,” despite the disappointing August jobs report. Kaplan, who has been a leading advocate for the tapering, said he wasn’t surprised by the August […]

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Mineral resources to generate high revenue in Rajasthan: CM Gehlot

The new mining policy to be implemented shortly in the State will aim at long-term inclusive exploitation of natural resources. A balanced exploitation of mineral resources in a scientific manner in Rajasthan will generate high revenue and create huge employment opportunities, Chief Minister Ashok Gehlot has said. Mr. Gehlot said the exploitation of potash available […]

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