Wednesday, August 20, 2025

Creating liberating content

A FieldAI robot. Courtesy: FieldAI Bill Gates-backed Robotics startup FieldAI

Related News

A FieldAI robot. Courtesy: FieldAI Bill Gates-backed Robotics startup FieldAI has raised $405 million in two funding rounds, with investments from Nvidia‘s venture capital arm and Amazon founder Jeff Bezos’

The Centre has proposed exempting individual life and health insurance policies from GST, Bihar Deputy Chief Minister and convenor of the Group of Ministers (GoM) on insurance Samrat Choudhary said

SpaceX marked a major milestone in 2025 by launching its 100th Falcon 9 mission of the year, sending 24 Starlink broadband satellites into low Earth orbit. The launch took place

Chinese internet major Baidu reported a fall in quarterly revenue on Wednesday, hit by sluggish domestic consumption even as the company ramped up its artificial intelligence drive and overseas robotaxi

China’s exports of rare earth magnets bounced back strongly in July, climbing to a six-month high and signalling that trade flows of the critical minerals essential for electric vehicles have

The festive season in India always brings a surge in train ticket demand, as migrant workers head home for Durga Puja, Dussehra, Diwali and Chhath.The change, effective November 1, 2024,

Trending News

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Russia-backed Nayara Energy looks at India’s state-run oil companies to offload petrol, diesel exports Nayara Energy has approached Indian state-run oil marketing companies (OMCs) to offload its export volumes of

US President Donald Trump on Saturday claimed that he had “heard” reports of India halting Russian oil imports, hailing it as a “good step”. “I understand that India is no

Washington DC unemployment at a high for third straight month: District’s July rate reaches 6% mark; federal cuts, court-backed layoffs fuel rise

Word Count: 641 | Estimated Reading Time: 4 minutes


Washington DC unemployment at a high for third straight month: District's July rate reaches 6% mark; federal cuts, court-backed layoffs fuel rise
Unemployment on rise in Washington (AI-image)

US capitol Washington DC maintained the nation’s highest seasonally adjusted unemployment rate for three consecutive months, according to recent Bureau of Labour Statistics data released on Tuesday.The District’s July unemployment rate reached 6%, primarily due to extensive federal workforce reductions implemented by President Donald Trump’s Department of Government Efficiency. The declining international tourism, a significant revenue source for DC, is anticipated to further affect the District’s rising unemployment figures, according to the analysis cited by Associated Press.July data showed increased unemployment in neighbouring states, with Maryland rising to 3.4% from 3.3% and Virginia increasing to 3.6% from 3.5%, as per state-specific unemployment statistics.Since Trump’s second term commenced, federal agencies have experienced widespread staff reductions through layoffs and voluntary resignations, prompting legal challenges from labour unions and advocacy organisations.The Supreme Court’s July ruling enabled the Trump administration to proceed with federal workforce reductions, despite concerns about service disruptions and substantial job losses among federal employees.Recent DC Office of Revenue Analysis data indicates increasing unemployment payments to federal workers. April payments totalled $2.01 million, rising to $2.57 million by June.The DC Fiscal Policy Institute suggests these federal layoffs will worsen the District’s Black-white unemployment disparity. The current national unemployment rate is 4.2%, with South Dakota recording July’s lowest rate at 1.9%.US international tourism continues declining. The World Travel & Tourism Council reports reduced visits from British, German and South American tourists, attributed to Trump’s policies, tariffs and border-related concerns.A May analysis projects international visitor spending in the U.S. to decrease to nearly $169 billion this year from $181 billion in 2024, representing a 22.5% reduction from the previous peak.These employment statistics follow the Republican president’s and GOP governors’ deployment of National Guard troops to DC, aiming to address crime and strengthen immigration enforcement.





Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account