The latest U.S. jobs report showed a labour market that continues to push past shocks and strains: unemployment remained steady and companies were still hiring, though wage growth was notably failing to keep pace with higher prices — a persistent squeeze on American workers.
A more granular story was emerging in central Ohio, where the Columbus area has become a magnet for tech titans and Silicon Valley transplants, transforming the region into a hub for technology and advanced manufacturing. But as the New York Times reported, not everyone is thrilled about the rapid transformation, which has brought dislocation alongside opportunity.
In India, RBI Governor Malhotra struck an optimistic note, declaring the Indian economy “on strong footing” and in “far better condition,” though he acknowledged that the central bank’s greatest concern remains the duration of ongoing geopolitical conflicts and their impact on global supply chains.
