An economic rule of thumb has been that lowering the inflation rate leads to higher unemployment. But that has been weakening lately. (This story first aired on Morning Edition on September 6, 2023.)
Ahead of the G20, India's Prime Minister Nerendra Modi boasted about his country's economic growth. But many young Indians say they have not benefited from it.
Statistics compiled by PTI show passenger travel is up by 12% year over year, and the number of departing seats has increased by more than double that. Cargo is the outlier in the report — it's down by about 30%.
Bold union demands, bolstered by a tight labor market and frustration throughout the COVID-19 pandemic, are paying off in some sectors with significant raises for workers.
The double strikes by screenwriters and actors against major Hollywood studios have been going on for months, with no end in sight. How are strikers able to get by financially?
Workers in Las Vegas have been watching automation and technology inch into their workplace. Now with AI, the city is preparing to adapt its service-heavy tourism economy.