US applications for jobless benefits inch up for the first time in 7 weeks, but layoffs remain low

US applications for jobless benefits inch up for the first time in 7 weeks, but layoffs remain low

WASHINGTON: The number of Americans filing for jobless benefits inched up modestly last week as business continue to retain staff despite economic uncertainty around U.S. trade policy. The Labor Department reported Thursday that jobless claims for the week ending July 26 ticked up by 1,000 to 218,000, less than the 225,000 new applications analysts forecast. … Read more

Labour ministry extends unemployment benefits under ESIC for another two years

Labour ministry extends unemployment benefits under ESIC  for another two years

The labour ministry, on Monday, extended the unemployment benefits under the Employees’ State Insurance Corporation for another two years while extending medical care facilities to the general public from one ESIC hospital, each in Rajasthan and Bihar. Further, the ministry approved setting up of new ESIC hospitals, upgradation of few hospitals and taking over a … Read more