If you work in the tech industry, the good news is that the sector created more than 250,000 new jobs in the 12-year period from 2005 to 2017. The bad news is that 90% of those jobs were created in just five cities across the country, reports the Wall Street Journal. The report adds that 377 other metro areas fought for just the remaining 10% of those jobs. That information is according to a new study by researchers from the Brookings Institution and the Information Technology and Innovation Foundation. The five cities that created the most tech jobs during the period were: San Francisco Seattle San Jose Boston San Diego San Francisco far and away created the most high-tech jobs during the 12-year period, but of the four other cities, only one, Boston, isn’t on the West Coast. And three of the five top tech jobs-producing cities are in a single state—California. While America’s bolstering of tech jobs is a good thing, the researchers behind the study say the … [Read more...] about These 5 cities account for 90% of the growth in high-tech jobs
Dangerous job 94
Gold price today: Yellow metal ranegbound; sell in the range of Rs 37,800-Rs 37,830
India Gold February futures were rangebound and continued its decline on December 9, as news around the US-China trade deal remained mixed.Gold prices dropped by about 1 percent on December 6 after data showed that US job growth in November was the best in 10 months.Washington reiterated its stance on a deadline for a new round of US tariffs on Chinese goods this weekend, supporting demand for safe haven, said a Reuters report.Close On the Multi Commodity Exchange, gold contracts for February traded lower by Rs 47, or 0.12 percent, at Rs 37,652 per 10 gram at 0920 hours. related news Gold rises as prospects of US tariffs lift safe-haven demand Oil prices stumble on weak China exports hangover 'OPEC move may help balance oil market; support for Nymex prices seen at $55/bbl' Experts says that investor traders can go short on gold in the range of Rs 37,800- Rs 37,830, with a stop loss of Rs 37,900, and a target of Rs 37,550.Gold and silver prices were volatile last week. Prices … [Read more...] about Gold price today: Yellow metal ranegbound; sell in the range of Rs 37,800-Rs 37,830
Dish TV share price jumps 15%; CARE revises rating of bank facilities
Dish TV India share price jumps 15 percent in the early trade on December 9 after CARE revised its rating of the company’s bank facilities to CARE D from CARE A4+.The revision in the rating assigned takes into account default in payment of short-term loan due on November 28, 2019, CARE said.“The company has debt of Rs 2,500 crore at current level and will be paying Rs 600 crore by March-end,” said Anil Dua, Group CEO, of Dish TV in an interview with CNBC-TV18.Close There was transitional disruption with new regime, but it has settled now. The residual debt will be under Rs 2,000 crore, lower than total debt and most debt repayment will be done through internal accruals, he added. related news SPML Infra share price rises 10% on project wins worth Rs 218 crore Vodafone Idea hits lower circuit after Chairman KM Birla's comments spook investors Maharashtra Seamless share price gains 4% on ONGC order win The company expect revenue to be over Rs 6,000 crore … [Read more...] about Dish TV share price jumps 15%; CARE revises rating of bank facilities
Rupee trades flat at 71.19 per dollar
The Indian rupee recovered from the lows and trading flat at 71.19 per dollar, with domestic equity market trading with marginal gains.It opened lower by 9 paise at 71.29 per dollar on Monday versus Friday's close 71.20.On December 6, the Indian rupee added 9 paise to close at 71.20 against the US dollar.Close The dollar-rupee December contract on the NSE was at 71.37 in the previous session. Open interest increased 0.99% in the previous session. We expect the USD-INR to find supports at lower levels levels. Utilise downsides in the pair to initiate long positions, said ICICIdirect. related news Rupee settles 9 paise up at 71.20 against US dollar Rupee near day's low, trades at 71.40 per dollar The Sensex was up 68.19 points or 0.17% at 40513.34, and the Nifty was up 24.60 points or 0.21% at 11946.10.Gold prices crept higher on Monday after Washington reiterated its stance on a deadline for a new round of US tariffs on Chinese goods this weekend, supporting demand for safe … [Read more...] about Rupee trades flat at 71.19 per dollar
No reason that employment has come down, says Santosh Gangwar
There is no reason to show that employment has come down, Union minister Santosh Kumar Gangwar told Lok Sabha on Monday in response to remarks that demonetisation has severely impacted jobs.The Labour and Employment Minister also said the government is implementing various schemes for generating more employment."There is no reason that employment has come down(Aisa koi karan nahi hai ki rozgar kam hua hai)," the minister said during the Question Hour.Close His response was for supplementaries by TMC member Kalyan Banerjee who said that thousands of labourers in his constituency have lost jobs due to demonetisation and whether the government would take steps in this regard. He represents Serampore constituency in West Bengal. related news Will give stable, pro-development govt, asserts Yediyurappa Government mulls tie-up with Amazon, Flipkart to help MSMEs boost sales: Report BJP retains majority in Karnataka Assembly after winning 6 seats In November 2016, the central … [Read more...] about No reason that employment has come down, says Santosh Gangwar