Washington CNN — In Friday’s speech on the September jobs report, President Joe Biden made a series of three false or misleading statements — falsely saying he’d cut the debt, falsely acknowledging a tax policy that didn’t take effect until 2023, for improving the budget situation in 2021 and 2022, …
Read More »What to expect from Friday’s jobs report
Minneapolis CNN — At this time last week, the outlook seemed to grow dimmer that the September jobs report would be released this Friday as planned. A government shutdown would shut down the Bureau of Labor Statistics and shut down important economic data. But after a last-minute deal in Washington, …
Read More »Employment growth in Singapore slowed in the second quarter
Written by Ronnie Harui SINGAPORE – Employment in Singapore grew at a slower pace in the second quarter than the previous quarter, amid signs that demand for labor is cooling, the Ministry of Manpower said on Thursday. Total employment, excluding migrant domestic workers, increased by 24,300 between April and June, …
Read More »Watchdog raises estimate of pandemic unemployment fraud to $135 billion
Washington CNN — According to a report released Tuesday by the U.S. Government Accountability Office, $135 billion in unemployment insurance fraud was likely paid out in the wake of the Covid-19 pandemic. The whopping figure, which equals 15% of the total unemployment benefits paid out during the pandemic, is a …
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