America’s employers slowed the pace of their hiring in November, adding 210,000 jobs, the fewest in nearly a year.Friday’s report from the Labor Department also showed that the unemployment rate fell sharply to 4.2% from 4.6%. That is a historically low level though still above the pre-pandemic jobless rate of 3.5%. Overall, the November jobs …
US employers added a sluggish 210,000 jobs in November Read More »
The report said the GDP grew by 8.4 per cent in Q2 FY22 on the back of double-digit growth in mining and quarrying, public administration, defence and other services. (Representational image) The country’s gross domestic product (GDP) is likely to grow more than 9.5 per cent in fiscal 2021-22, an SBI research report-Ecowrap said. The …
GDP likely to grow more than 9.5% in FY22: Report Read More »
What adds to the concern, says Dr Rangarajan, is the relatively low growth number posted in the manufacturing sector at 5.5 per cent The much awaited news on the second quarter Gross Domestic Product (GDP) numbers showing a growth of 8.4 percent as compared to 7.4 percent contraction in Q2 2020-21, has come as a …
