employment
Lincoln (United States) (AFP) - Ukrainians, Afghans, and Mexicans are moving to Nebraska, a conservative bastion in the central United States -- and despite Republicans' heated political rhetoric, local businesses are welcoming the new arrivals with open arms. Far from the fiery debates of the 2024 US presidential campaign, companies short of workers in the Midwest are calling on Washington to reform the legal immigration system. On the outskirts of state capital Lincoln, set close to the highway between fields and the local airport, stands the factory of the manufacturer Kawasaki. A banner on...
AFP
Grand Island (United States) (AFP) - Israel Gomez Estrada, like thousands of other Cubans and millions more immigrants from around the world, left his home and family in search of a better life in the United States. Now he is legally settled in Grand Island, Nebraska -- a small city with a population of 50,000, and one Cuban restaurant. Tornadoes are frequent and winters can be harsh. "Some of my friends have suggested that I move to another state, but I'm not leaving," Gomez Estrada, 46, told AFP recently. In March, he received a coveted green card, entitling him to work. Cubans can apply for...
AFP
Washington (AFP) - US job growth blew past estimates in May even as unemployment edged up, data showed Friday, underscoring the labor market's resilience as policymakers seek to cool the economy gradually. But the hotter than expected figures could complicate the Federal Reserve's calculus as it weighs the right time to lower interest rates. It also remains to be seen if positive employment data would translate into rosier perceptions of President Joe Biden, who has been struggling to convince voters of his handling of the economy. The world's biggest economy added 272,000 jobs last month, up ...
AFP
Released this morning: The jobs report, released at 8:30 this morning, shows that in May employers added 272,000 jobs, up from the monthly average of 242,000 that's persisted for the first half of the year and far more than most economists predicted. In April, the unemployment rate was 3.9 percent—a bit higher than the 3.4 percent unemployment the year prior. In May, it slid up to 4 percent. "The headline number is a source for celebration for President [Joe] Biden, who frequently points to the strong job market when making the case to voters that he has handled the economy well," summarizes T...
Reason
By Anuj SRIVAS Bombay (AFP) - Le Premier ministre indien Narendra Modi a vu son pays atteindre une croissance économique annuelle record (plus de 8% en 2023/2024), mais des taux de chômage chroniquement élevés ont joué un rôle clé dans son revers électoral surprise cette semaine. "La détresse économique sous-jacente des gens du secteur informel a eu un impact sur le résultat des élections", a estimé l'économiste Arun Kumar. L'appel nationaliste hindou de Modi aux électeurs s'est heurté à la réalité des conditions de vie des Indiens, a-t-il ajouté. Modi se prépare à faire un troisième mandat, c...
AFP (Français)
Washington (AFP) - Job gains in the US private sector slowed again in May on a slump in manufacturing, payroll firm ADP said Wednesday, in a further sign the world's largest economy could be cooling. Employers added 152,000 jobs last month, down from a revised 188,000 figure in April and less than analysts anticipated, the report said. This was due to a steep decline in manufacturing, added ADP, noting that leisure and hospitality also showed softer job growth. "The labor market is solid, but we're monitoring notable pockets of weakness tied to both producers and consumers," ADP chief economis...
AFP
The final eurozone manufacturing PMI from Hamburg Commercial Bank (HCOB) grew to 47.3 in May, announced S&P Global on Monday. That was up from April's figure of 45.7 and just below the preliminary estimate of 47.4. The PMI figure looks at five indices to measure economic health: new orders, output, employment, suppliers' delivery times, and stocks of purchases. A reading above 50 points to expansion, whereas one below 50 signals contraction. Manufacturing PMI Output at a 14-month highThe Manufacturing PMI Output Index, a separate figure that makes up the broader Manufacturing PMI, looks at the...
Euronews (English)
California now leads the nation in imposing dumb wage laws. The state just raised the hourly minimum wage for fast food workers to $20. Gov. Gavin Newsom said, "We saw the inequities….We had a responsibility to do more." Unions pushed for the higher minimum, and in Democrat-run states, unions usually get what they want. CNN announced, "Half a million California fast food workers will now earn $20 per hour." Gullible leftists at the Center for American Progress claim, "A higher minimum wage would boost millions of families out of poverty and further stimulate the economy." Yippee! It's a happy ...
Reason
If you’ve been thinking about relocating to Germany, this new work permit might be for you. Germany is seeking more skilled workers and has introduced a new way for qualified foreign nationals to move to the country. Called the Opportunity Card, it allows non-EU citizens to come to Germany for a year in order to search for a job. Here’s who is eligible and how the card works. There’s a new way for foreign workers to move to GermanyThe idea for the Chancenkarte, which translates as Opportunity Card, was first floated in 2022 as a way to make it easier for foreign workers to find employment in G...
Euronews (English)
Tom Cruise might just be Hollywood's most analog movie star. He reportedly once grew irate when a crew member suggested that a dangerous stunt be performed by a digital double, yelling: "There is no digital Tom! Just Tom!" For last summer's Mission: Impossible—Dead Reckoning Part One, Cruise, who was 61 when the movie hit theaters, actually jumped a motorcycle off a ramp on top of a mountain, let the bike fall down into the canyon, and then parachuted down into the valley below. The complex sequence took a year to plan and shoot. It probably cost a lot of money. There were some computer effect...
Reason
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