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Workers are changing jobs less often. Here’s why that matters for the economy

July 15, 2026 (Conversation) The share of Australian workers who change employers in a given year has decreased a lot. In fact, this rate has more than halved since the 1970s, according to official statistics. Why is this, and does it matter? We explored this in a recent paper. It turns out the decline is actually smaller and more recent than official statistics suggest. Demographic change explains the decline in the years before the global financial crisis in 2008. In particular, young workers change jobs much more often than older people and the workforce is getting older. However, there are

Brutal killing of 11-year-old highlights unrelenting sexual violence in India

BARUIPUR, India, July 15 (Reuters) – On a Saturday evening this month, an 11-year-old girl left her home for a friend’s birthday party in a small town in eastern India. She never returned. She was kidnapped, raped, bundled into a sack and thrown into a ​pond by a gang of men while still alive, according to a local investigating police officer. The assault was the latest example of the brutal sexual violence that is endemic across India, with over 80 ‌rapes reported to police every day, according to data from the National Crime Records Bureau. Many more assaults go unreported

Stock markets rebound in early trade; Sensex jumps 553 points

Mumbai, Jul 15 (PTI) Market benchmark indices Sensex and Nifty rebounded in early trade on Wednesday after a sharp decline in the previous session led by bank stocks and a softer-than-expected US inflation data reinforcing expectations that the Federal Reserve may adopt a less aggressive monetary policy stance in the coming months. The 30-share BSE Sensex jumped 553 points to 77,603.57 in early trade. The 50-share NSE Nifty went up by 148.15 points to 24,198.40. From the Sensex pack, Bajaj Finance, Axis Bank, Eternal, InterGlobe Aviation, UltraTech Cement and State Bank of India were the major winners. Infosys, Tata Consultancy

Rupee rises 5 paise to 96.11 against US dollar in early trade

Mumbai, Jul 15 (PTI) The rupee rose 5 paise to 96.11 against the US in early trade on Wednesday amid heightened tensions in West Asia and a weaker greenback. Higher crude oil prices and FII outflows prevented a sharper rise in the local unit while a positive opening in the domestic equity markets lent support, forex traders said. At the interbank foreign exchange market, the rupee opened at 96.12 and inched up to 96.11, up 5 paise from its previous close. The unit depreciated 48 paise to close at 96.16 against the US dollar on Tuesday. Iran on Wednesday threatened

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