Economy

5 Faces of the Gig Economy: New Study Reveals All (Infographic)

The gig economy is growing at a pace faster than some might have imagined. And driving it forward are freelancers who are redefining the modern workspace. Not all of these people are gravitating to freelancing for the same reasons. A new infographic created by LinkedIn ProFinder and Intuit (NASDAQ:INTU) reveals there are five different types of freelancers in the gig economy ... Read More »

With GST, airlines might face taxation turbulence

While the GST is set to be in place from 1 July, lack of clarity on certain areas pertaining to airlines business have raised concerns of higher operational costs. Photo: PTI Mumbai: Airlines seem to be preparing for turbulence with the implementation of the goods and services tax (GST) regime as certain segments of aviation business, including movement of spare ... Read More »

Shivraj Singh Chouhan on indefinite fast, but Madhya Pradesh farmers continue stir

A file photo of Madhya Pradesh chief minister Shivraj Singh Chouhan. Photo: Pradeep Gaur/Mint Bhopal: Facing an agrarian unrest in Madhya Pradesh, Chief Minister Shivraj Singh Chouhan on Saturday launched an indefinite fast here with an appeal for peace and met farmer leaders, but failed to reach a compromise, while the opposition Congress dismissed it as mere “drama”. No major ... Read More »

5 Faces of the Gig Economy: New Study Reveals All (Infographic)

The gig economy is growing at a pace faster than some might have imagined. And driving it forward are freelancers who are redefining the modern workspace. Not all of these people are gravitating to freelancing for the same reasons. A new infographic created by LinkedIn ProFinder and Intuit (NASDAQ:INTU) reveals there are five different types of freelancers in the gig economy ... Read More »

20 Surprising Stats About the Gig Economy

More than a fourth of the U.S. is now officially part of the freelance gig economy, a recent report indicates. In the future, more and more people of all ages and ethnicity will declare their independence from the 9-to-5 daily corporate grind for the freedom, autonomy and self-determination that the freelance, gig economy lifestyle brings. So says a new report ... Read More »

All that ‘animal spirits’ talk for the economy seems like a long time ago now

May’s disappointing job growth delivered another blow to hopes that the U.S. economy is on the cusp of breaking out. Job creation fell well short of economist expectations, with just 138,000 new positions created against estimates for 185,000. The unemployment rate declined to a 16-year low of 4.3 percent, but that was because of a drop in the labor force ... Read More »

GDP Data Today, India To Remain Fastest Growing Economy: 10 Points

India likely remained the fastest growing major economy in the world last quarter. HIGHLIGHTS Lower interest rates have helped support economic growth, say economists Economists predict Indian economy grew 7.1% annually in March quarter Factory and services activity expanded for most of the first quarter of 2 India likely remained the fastest growing major economy in the world last quarter, ... Read More »

Op-Ed: US should focus on the economy and skip irrelevant talking forums

Getty Images German Chancellor Angela Merkel and U.S. President Donald Trump arrive for the group photo at the G7 Taormina summit on the island of Sicily on May 26, 2017 in Taormina, Italy. Seeking to cut $610 billion from health care for the poor, and $192 billion from food assistance to 43 million Americans struggling to make ends meet, while ... Read More »

Brexit economy: workers face squeeze but firms remain upbeat

Shoppers apparently shrugged off any worries about rising prices to keep spending in April. Photograph: Luke MacGregor/Reuters The Brexit squeeze on household budgets has intensified over the past month, but companies and investors remain cautiously optimistic about the economic outlook in the run-up to the election, a Guardian analysis shows. With a fortnight to go until the general election, the ... Read More »

Lack of Workers, Not Work, Weighs on Utah’s Economy

Juan Guerrero, right, and Joseph Waseme securing materials on a truck bed at a Roofers Supply lot in Salt Lake City. The company needs at least 15 more drivers to meet demand, but has had trouble finding workers.CreditKim Raff for The New York Times SALT LAKE CITY — Stephanie Pappas and her brothers built their roofing supply company in this ... Read More »