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Ircon International Ltd Recruitment 2021 || Salary ₹ 40,000 || Permanent Job || Latest All India Job

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Employment News Producer: Amarjeet Rajkumar

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IRS Sending Unemployment Tax Refunds | Social Security Going Bankrupt | Cuba Protesting Government. Daily News

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4th Stimulus Check Update | Republicans Saying the Government is Overreaching |

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Reports Show Economy is Slowing Down | IRS 3rd Stimulus Check Update | Democrats Threaten to Vote No

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$3,600 IRS Child Tax Credit Payments Starting Next Thursday | June Jobs Report | Daily News Report

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KEY POINTS:

• Robust hiring at restaurants and bars, local public schools, and retailers helped lead the U.S. economy to post 850,000 jobs in June 2021.
• Strong hiring in those industries further suggests a booming recovery for those employers that were hit hardest during the Covid-19 pandemic.
• The leisure and hospitality sector again proved the brightest point with 343,000 positions added in June as restaurants hired cooks, bartenders, and service staff.
• Government employment as local school districts hired some 155,000 teachers, bus drivers, and other public education staff in preparation for in-person classes this fall.

CNBC MARKETS

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KEY POINTS:

• The economy is expected to have added 706,000 jobs in June, and the unemployment rate was projected to have dropped to 5.6% from 5.8%, according to Dow Jones .

• The worker shortage is impacting the ability of companies to hire, and that is keeping job growth from surging even more.

• “What we’ve seen in June is there’s usually a summer lag historically, but we haven’t seen that this June,” said the founder of a recruiting firm. “We saw continued upward growth. It was double digits what May was.”

CNBC MARKET INSIDER

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6 hours ago — U.S. adds 850,000 jobs in June, better than expected ... Job growth leaped higher in June as businesses looked to keep up with a rapidly ... Jobs Report

• The jobless rate increase came even though the labor force participation rate was unchanged at 61.6%. A separate figure that accounts for discouraged workers and those holding part-time jobs for economic reasons fell sharply to 9.8%, with the 0.4 percentage point decline putting the so-called real unemployment rate below 10% for the first time since March 2020.

4th Stimulus Check Update | $3,600 Child Tax Credit IRS Announcements | Daily News Report

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