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A Wellington budgeting service has had its government funding pulled, despite its manager saying they are “busier than ever” as people struggle with high...
The academy is keeping mum about the prospect, but the movie is part of a renewed push for a new Academy Award first considered more than 30 years ago. The...
Figures collated by the Department of Internal Affairs suggest the new Government’s replacement for Three Waters will cost Aucklanders less than Labour’s two...
Spark has downgraded its guidance for the 12 months to the end of June 2024, with results potentially lower than the prior financial year. An announcement to...
Warren Buffett cautioned the tens of thousands of shareholders who packed an arena for his annual meeting that artificial intelligence scams could become...
As Ukraine marked its third Orthodox Easter at war, Russia today launched a barrage of drones concentrated in Ukraine’s east, wounding more than a dozen...
OPINION In a recent Herald column , Liam Dann said it was a cop-out to chalk Australia’s structurally “much stronger and wealthier economy” up to the...
The previous owner of a bar and eatery now owned by NRL franchise the Warriors owes hundreds of thousands of dollars to the Inland Revenue Department . Holy...
WASHINGTON, D.C.: US job growth was markedly below analyst expectations in April while unemployment crept up, government data showed on Friday, signaling that the labor market is cooling.But with the world's biggest economy adding 175,000 jobs last month according to the Department of Labor, hiring appears still resilient despite the lower reading than 315,000 in March.Analysts had expected growth of 250,000 jobs, according to Briefing.com.The jobless rate edged slightly higher from 3.8 percent in March to 3.9 percent last month.'The great American comeback continues,' said US President Joe Biden. He noted that unemployment has been under 4 percent for 27 months in a row.But 'there's more work to do,' he said, adding that he wants to lower the costs of rent and homeownership, and make health care more affordable.While hiring has decelerated, the number of jobs added in April remains well above 100,000 — the average level that some economists say is needed to keep the unemployment rate steady.The latest figures could prove encouraging for policymakers looking to cool the economy gradually.Apart from an easing in hiring figures, officials are also looking to a slowdown in pay gains as they seek to bring inflation lower in the long run.In April, wage growth came in at 0.2 percent on a monthly basis from 0.3 percent in March, Labor Department data showed.From a year ago, average hourly earnings were 3.9 percent higher in April — slipping below 4.0 percent for the first time since 2021.
OPINION Lots of wealthy investor-immigrants or “golden visa” holders fall in love with New Zealand and want to live here fulltime. But the tax on foreign...