Cloud computing is seen as a key technology in helping to future-proof the banking industry. Image: NurPhoto / Contributor / Getty Images Banks are increasingly turning to the cloud in an effort to modernize their outdated IT models and better compete for customers’ favors, finds a new report commissioned […]
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U.S. unemployment rate falls, Arkansas’s stays the same at 4.4%
According to the United States Department of Labor, the country added 943,000 in July, bringing the unemployment rate from 5.9% down to 5.4%. Unemployment rate by demographics: Men- 5.4% Women- 5% White- 4.8% Black- 8.2% Hispanic- 6.6% Teenagers- 9.6% Asian- 5.3% Despite the country lowering its unemployment rate, Arkansas stayed at 4.4%. The unemployment rate […]
Irish services sector expands at fastest rate in more than 20 years
Irish service sector companies reported the strongest month-on-month growth in business activity in July since August 2000 as lockdown restrictions eased further and the Health Service Executive’s vaccination programme accelerated. The latest purchasing managers’ index (PMI) survey data, published by AIB, shows new services business at the fastest rate since […]
U.S. labor market powers ahead with strong job gains, lower unemployment rate
Nonfarm payrolls increase 943,000 in July; June revised up Unemployment rate falls to 5.4% from 5.9% in June Average hourly earnings gain 0.4%; workweek steady WASHINGTON, Aug 6 (Reuters) – U.S. employers hired the most workers in nearly a year in July and continued to raise wages, giving the economy […]