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Retail inflation for farm and rural workers eased to -0.07 per cent and 0.31 per cent, respectively, in September from 1.07 per cent and 1.26 per cent in August, respectively, according to the Labour Ministry data released on Saturday. For the month of September 2025, the All-India Consumer Price Index for Agricultural Labourers decreased by 0.11 points to 136.23, while the index for Rural Labourers decreased by 0.18 points, reaching 136.42, the labour ministry said. The CPI-AL and CPI-RL were 136.34 points and 136.60 points, respectively, in August 2025. The Food Index decreased by 0.47 points for Agricultural Labourers (AL) and 0.58 points for Rural Labourers (RL) in September 2025. Food inflation in September 2025 stood at -2.35 per cent for AL and -1.81 per cent for RL," the ministry stated. These indices are based on data collected from a set of 787 sample villages across 34 States/UTs.
When the Labour 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. Nothing quite so dramatic is likely Friday when the department releases hiring and unemployment numbers for August. They are expected to show that companies, government agencies and nonprofits added a modest 80,000 jobs last month, according to a survey of forecasters by the data firm FactSet. That would be a slight improvement on July's 73,000 but still offer more evidence that the American job market has cooled significantly from last year. The unemployment rate is forecast to stay at a low 4.2 per cent suggesting that employers are stuck in a no-hire, no-fire mode: They are reluctant to add many new workers but don't want to give up the ones they have. But there are signs they may be starting to cut staff. The US job market has lost momentum this year, partly .
US job openings rose unexpectedly in May, a sign that the American labour market remains resilient in the face of high borrowing costs and uncertainty over US economic policy. US employers posted 7.8 million vacancies in May, The Labour Department reported Tuesday, up from 7.4 million in April. Economists had expected a slight decrease to 7.3 million. The number of Americans quitting their job a sign of confidence in their prospects rose modestly, and layoffs fell. Openings are high by historical standards but have come down sharply since peaking at a record 12.1 million in March 2022. The US job market has steadily decelerated from hiring boom of 2021-2023 when the economy bounced back from COVID-19 lockdowns. The unexpectedly strong post-pandemic recovery ignited inflation, prompting the Federal Reserve to raise its benchmark interest rate 11 times in 2022 and 2023. The higher borrowing costs have gradually cooled the labour market, and President Donald Trump's policy of taxin
Union Labour Secretary Sumita Dawra on Tuesday said that global capability centres (GCC) are projected to expand to USD 105 billion by 2030, employing over 2.8 million people solidifying India's role as a global hub for enterprise operations and innovation. During a visit of an ILO delegation, headed by ILO Director-General Gilbert F. Houngbo at HSBC GCC on Tuesday in Gurugram, Dawra said that India is home to over 1,700 GCCs, employing 1.9 million professionals and generating USD 64.6 billion in revenue as of 2024, according to a labour ministry statement. Dawra further stated that the key GCC hubs are located in Bengaluru, Hyderabad, Pune, Chennai, Mumbai, and the National Capital Region (NCR). "The sector is projected to expand to USD 105 billion by 2030, with around 2,400 GCCs employing over 2.8 million people, solidifying India's role as a global hub for enterprise operations and innovation," she said. Houngbo mentioned that India is becoming more competitive owing to its larg