More job opportunities, fewer layoffs as the U.S. labor market cools
In October the U.S. job openings rose while the layoffs hit a record low, indicating a labor market cool down
Rise in Jobless Claims Reflects Persistent Layoffs in the U.S. Job Market
Jobless claims rose to 243,000, marking the eighth week above 220,000, reflecting persistent layoffs and signaling potential labor market challenges
In Indonesian banking, rise in religious conservatism ripples across sector
A rise in religious conservatism in Indonesia is drawing talent away from what some view as un-Islamic jobs in banking, industry professionals say, creating hiring woes for conventional banks but a boon for the country’s fledgling sharia finance sector.
Asian shares up but set for weekly loss after hawkish Fed
Asian shares inched higher on Friday but were set for a weekly loss, while the U.S. dollar hovered near two-month highs as investors continued to digest comments from the U.S. Federal Reserve projecting interest rate hikes in 2023.
U.S. labor market healing despite unexpected rise in weekly jobless claims
The number of Americans filing new claims for unemployment benefits increased last week for the first time in 1-1/2 months, but layoffs are easing amid a reopening economy and a shortage of people willing to work.
