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Unemployment rate hits 4.4%, its highest level since 2021, and government has said no October report will be issued
The US jobs market added 119,000 jobs in September, according to the latest monthly jobs report, which was delayed by six weeks due to the shutdown of the federal government.
Amid heightened uncertainty surrounding the strength of the US economy, the much-anticipated reading was higher than the 51,000 jobs expected by analysts to be added in September.
Rolling coverage of the latest economic and financial news Today’s borrowing figures compound the woes for Chancellor Rachel Reeves as she seeks to plug gaps in the public finances and find extra to rebuild her headroom for future shocks, says Richard Carter, head of fixed interest research at Quilter Cheviot: Carter points out that borrowing so far this financial year is £9bn higher than a year before, which he says highlights the extent to which the government has increased borrowing since coming to power last year. “Markets and investors are craving some sort of fiscal responsibility from the UK…
Recent breakthroughs in developing methane pyrolysis are a sign the fuel will have a role in decarbonising industry Source link
When the people making AI seem trustworthy are the ones who trust it the least, it shows that incentives for speed are overtaking safety, experts say Krista Pawloski remembers the single defining moment that shaped her opinion on the ethics of artificial intelligence. As an AI worker on Amazon Mechanical Turk – a marketplace that allows companies to hire workers to perform tasks like entering data or matching an AI prompt with its output – Pawloski spends her time moderating and assessing the quality of AI-generated text, images and videos, as well as some factchecking. Roughly two years ago,…