Fed Cuts Rates Again: Balancing Job Growth Amid AI Uncertainty
The Fed cut its benchmark rate again on Oct. 29 to boost job growth amid AI-driven risks and a data blackout leaving policymakers in the dark on key economic signals.
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China Launches Ambitious Plan to Revitalize Rural Service Sector
China unveils a 14-point plan to boost its domestic service sector, aiming to create jobs, boost rural incomes, and modernize consumer services in urban and rural areas.
China’s Water Projects Generate Over 2 Million Jobs in 2024
China’s investment in water conservancy projects hit 801.94 billion yuan in early 2024, creating over 2.1 million jobs and boosting key provinces’ economies.
Magufuli Bridge: Building Friendships and Economic Growth in Tanzania
The Magufuli Bridge in Tanzania is more than a construction project; it’s a beacon of friendship and a catalyst for local job growth and regional connectivity.
China’s Booming Digital Economy Drives Job Growth and Innovation
China’s digital economy reaches 10% of GDP, sparking innovation and creating a demand for millions of digital professionals.
US Inflation Slips Slightly, But Robust Job Growth Keeps Pressure High
US inflation shows minor improvement in April with CPI at 3.4%, but strong job growth and housing costs keep pressure on the Federal Reserve’s rate decisions.
Chinese Mainland’s Job Boom Cuts Global Poverty, World Bank Leader Reports
World Bank President Ajay Banga highlights the Chinese mainland’s role in reducing global poverty from 44% to 9%, emphasizing job growth as a key factor.
Belt and Road Initiative Spurs Job Growth in Germany’s Logistics Sector
The Belt and Road Initiative’s China-Europe freight train is driving job creation in Germany’s logistics industry, fostering economic growth and innovation.