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US job openings stay elevated, layoffs hit nine-month low in the September Insights

US job openings stay elevated, layoffs hit nine-month low in the September Insights

In thе еvеr-dynamic landscapе of thе US job markеt, Sеptеmbеr rеvеalеd intriguing data that paints a vivid picturе of labor markеt tightnеss and its еconomic implications. Thе latеst Job Opеnings and Labor Turnovеr Survеy (JOLTS) rеport by thе US Labor Dеpartmеnt has providеd kеy insights into thе currеnt statе of еmploymеnt opportunitiеs, layoffs, and labor markеt rеsiliеncе. Lеt’s dеlvе into thе dеtails to gеt a comprеhеnsivе undеrstanding of what thеsе statistics mеan for thе futurе. Job Opеnings Surgе Onе of thе standout obsеrvations from thе Sеptеmbеr JOLTS rеport is thе significant surgе in job opеnings. Thе data shows an incrеasе

India rupee’s tranquil October run may not sustain

MUMBAI, Nov 1 (Reuters) – The Indian rupee is likely to break out of rangebound trade, as the Reserve Bank of India’s defence of the currency will be unsustainable at some point of time, traders said. The rupee was at 83.27 against the U.S. dollar at 11:08 a.m. IST, slightly weaker than 83.25 in the previous session. The rupee’s monthly range narrowed last month despite persistent local dollar demand and equity outflows, as the central bank’s forex market interventions prevented a breach of the 83.29 record low. The spike in U.S. Treasury yields and global risk aversion due to the

Time for courts to wake up to blatant misuse of PMLA: Sibal after ED summons Kejriwal

New Delhi, Nov 1 (PTI) It is time for courts to wake up to the blatant misuse of the Prevention of Money Laundering Act, Rajya Sabha MP Kapil Sibal said on Wednesday, days after the Enforcement Directorate summoned Delhi Chief Minister Arvind Kejriwal for questioning. The probe agency was targeting leaders of almost all opposition parties, he alleged, adding that the ED and denial of bail to leaders has become a “political weapon” in the hands of the government. Kejriwal has been issued the summons under the Prevention of Money Laundering Act (PMLA) and according to sources, the ED will

SC defers hearing on bail plea of suspended IAS officer Pooja Singhal’s to Dec 1

The Supreme Court on Tuesday deferred till December 1 the hearing of the bail plea of suspended Jharkhand cadre IAS officer Pooja Singhal, an accused in a money laundering case. A three-judge bench headed by Justice SK Kaul adjourned the matter after noting that three crucial witnesses, who have worked under Singhal, are to be examined on November 23. The top court asked the trial court to endeavour that the testimony of the witnesses is completed that day itself. Senior advocate Siddharth Luthra, appearing for Singhal, submitted he was not pressing for interim bail at this stage in view of

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