World

Trump defends increase in unemployment

Dec 20, 2025

New York [US], December 20: President Donald Trump on Friday (December 19) defended an increase in the unemployment rate in the U.S., stating that "100% of our new jobs are in the private sector" after cuts in the public sector.
The U.S. unemployment rate in November rose to 4.6%, the highest in more than four years.
The most recent jobs data showed that while U.S. job growth recovered in November after nonfarm payrolls declined in October because of government spending cuts, the unemployment rate increased to 4.6%, compared with 4.4% in September.
The jobless rate is derived from household data, which was not collected in October due to the government shutdown.
Source: Fijian Broadcasting Corporation

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CDPM, IIM Udaipur Hosts Panel Discussion on Intergenerational Mobility and Pathways out of Poverty in India

Udaipur (Rajasthan) [India], December 23: The Centre for Development Policy and Management (CDPM) at IIM Udaipur organised a panel discussion titled 'Intergenerational Mobility and Pathways out of Poverty in India' on Monday, 22 December 2025. The discussion brought together voices from academia, civil society, corporate social responsibility, and government to examine whether India's economic growth has translated into sustained upward mobility for its poorest citizens.

Dec 23, 2025