US jobs market defies recession fears

Electricity prices in the country have soared since the government cut energy subsidies to obtain a $3bn bailout from the International Monetary Fund leading to protests. We hear how this is impacting individuals and businesses. Also in the programme, we get the latest from Gabon ...  Show more

US commerce secretary, Gina Raimondo, is calling on Beijing to reduce the risk of doing business in China for American companies. 

Employment in the US held steady last month, bolstering hopes that the economy will avoid a painful downturn. Latest job figures from the Bureau of Labor Statistics show employers added 187,000 jobs while the jobless rate dropped to 3.5%. Plus presenter Leanna Byrne speaks to Sha ...  Show more

A new jobs report shows hiring in the United States was hot in July, throwing cold water on recession fears but adding to concerns about inflation. Also, U.S. and Chinese tensions rise after Beijing’s missile fire near Taiwan and its new sanctions against Nancy Pelosi. Plus, Mosc ...  Show more

Across America, businesses are scaling back, firing workers and shutting their doors because of the coronavirus. New York’s Chinatown has been experiencing a downturn for weeks as anxiety and discrimination affected business. Now, the state government has mandated nonessential ...

US new unemployment claims have reached a six-month high as the labour market cools, the Bank of England raised interest rates by 0.5 percentage points, and European banks are adjusting to higher interest rates. 

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