US labor market still tight despite continuous claims hitting 10-month high

Weekly jobless claims rise from 4,000 to 230,000 Persevering with claims rise 62,000 to 1,671 million WASHINGTON, Dec 8 (Reuters) – The variety of Individuals submitting new claims for jobless advantages elevated modestly final week, pointing to a nonetheless sturdy and tight job market regardless of rising fears of a recession because the Federal Reserve … Read more

‘We are not your enemy,’ say South Korean truckers on strike over minimum wage protection

UIWANG, South Korea, Dec 5 (Reuters) – Inside 5 white tents outdoors the Uiwang container depot close to Seoul, some 200 hanging truckers huddle round fuel heaters, attempting to fight the bitter chilly and the federal government narrative that they’re nicely paid by the “labour aristocracy”. .” They’re nicely conscious of the impression their strike … Read more