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The Jakarta Post
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Fed touts economic recovery, vows to keep interest rates low
Business 7 months ago

Fed touts economic recovery, vows to keep interest rates low

The Federal Reserve on Wednesday vowed to keep interest rates near zero until inflation is on track ...
US job growth seen slowing in August, unemployment rate falling below 10%
Business 7 months ago

US job growth seen slowing in August, unemployment rate falling below 10%

According to a Reuters survey of economists nonfarm payrolls likely rose by 1.4 million jobs last mo...
US job cuts skyrocketed 231% in 2020: Survey
Business 7 months ago

US job cuts skyrocketed 231% in 2020: Survey

The data are the latest indication of the awful employment situation facing many American workers as...
Fed unveils major policy shift to maximize job growth
Business 7 months ago

Fed unveils major policy shift to maximize job growth

In practice, the change has no impact in the near-term but will keep borrowing rates low for much lo...
Govt to provide interest-free microloans for laid-off workers, housewives
Business 8 months ago

Govt to provide interest-free microloans for laid-off workers, housewives

 Rp 12 trillion (US$814 million) in supermicro KUR loans will be disbursed to some 3 million pe...
75 years on, GDP has grown but inequality, poverty linger
Business 8 months ago

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75 years on, GDP has grown but inequality, poverty linger

Indonesia’s economy has grown significantly in the 75 years since the country’s independ...
International student shares anxiety over post-college life during pandemic
Lifestyle 8 months ago

International student shares anxiety over post-college life during pandemic

As classes continue being fully remote for the upcoming fall semester, I wonder if my last few month...
Government expands wage subsidy to include 3 million furloughed, reduced pay workers
Business 8 months ago

Government expands wage subsidy to include 3 million furloughed, reduced pay workers

Just a week since it launched the wage subsidy program for laid-off workers, the government has expa...
US manufacturing rebounds in July but job losses continue: survey
Business 8 months ago

US manufacturing rebounds in July but job losses continue: survey

US manufacturing continued to recover in July and demand jumped compared to June but firms are still...
China's young jobseekers struggle despite economic recovery
Business 8 months ago

China's young jobseekers struggle despite economic recovery

Although China's urban unemployment rate slipped to 5.7 percent in June, 19.3 percent of new gra...
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