Employment In US

US employers added just 22,000 jobs last month as the labour market continued to cool under uncertainty over President Donald Trump's economic policies. The Labour Department said Friday that hiring decelerated from 79,000 in July. The unemployment rate ticked up to 4.3 per cent, also worse than expected and the highest level since 2021, the Labour Department said. When the department put out a disappointing jobs report a month ago, an enraged President Donald Trump responded by firing the economist in charge of compiling the numbers and nominating a loyalist to replace her. Talking to reporters Thursday night at a dinner with wealthy tech executives, Trump had seemed to shrug off whatever hiring numbers would come out Friday. The real numbers that I'm talking about are going to be whatever it is, but will be in a year from now, the president said. The US job market has lost momentum this year, partly because of the lingering effects of 11 interest rate hikes by the inflation fight

The labour market, however, is likely to experience some brief turbulence after Hurricane Helene devastation

The Reserve Bank of India likely intervened on multiple occasions last week to support the rupee

Walmart will also add an unspecified number of jobs in areas such as e-commerce, health and wellness, ad sales and supply chain

Employers give computer-based tests to applicants or use computer software to score applicants' resumes and many of these tools use algorithms or AI

Job growth has slowed this year, averaging 167,000 per month compared with an average monthly gain of 223,000 in 2018

The decline in payrolls was the first since September 2010