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UNEMPLOYMENT RATE
US weekly jobless claims plunge to lowest since 1969First-time jobless claims in the United States unexpectedly dropped last week. This decline reached the lowest level recorded since Septemb...- Gold gains as hopes for US-Iran diplomacy cool oil price rallyGold prices saw an increase as oil prices softened due to diplomatic efforts. Yemen's Houthis threatened a naval blockade, which could disr...
- Canada raises wage threshold for Temporary Foreign Worker ProgramCanada has raised wage thresholds for its Temporary Foreign Worker Program. New minimum hourly pay requirements will take effect on July se...
- A case for less talk? Making sense of Fed's flip-flops over past one yearThe call from Federal Reserve chief Kevin Warsh to curtail policy guidance is gathering momentum, with Fed Governor Chris Waller making a n...
- NY Fed's John Williams: "Unquestionably too-high" inflation may soon subsideJohn Williams, the president of the New York Fed, asserts that inflation is likely at its peak and should soon begin to taper off. He proje...
- India’s unemployment rate steady at 5.5% in JuneIndia's overall unemployment rate held steady at 5.5 percent in June. Female unemployment increased to 5.9 percent, while male joblessness ...
- US job cuts: Moody's chief economist Mark Zandi sees 'big warning' signs in June data. Here's why he's worried about the labour marketEconomists question the strength of the June US jobs report. Mark Zandi notes falling labor force participation drove the unemployment rate...
- US Stock Market: Inflation gathers pace as tariffs, energy costs and AI investment lift price pressures, says FedU.S. inflation accelerated during spring due to tariffs and rising energy costs. The Federal Reserve's report shows inflation remains signi...
- Car crisis takes toll on Germany's young engineersGerman engineers like Max Peil struggle to find employment despite qualifications. The nation's automotive sector faces painful adjustments...
- US weekly jobless claims fall amid stable labor market conditionsInitial unemployment claims decreased last week, indicating a stable labor market. Job growth slowed in June, but economists see no major s...
- China's booming gig economy masks job market pain, strains welfare systemHis story is increasingly common in China, where tens of millions are shifting from formal employment into the gig economy as meagre unempl...
- Dollar near two-week lows as rate-hike bets recede, embattled yen in focusThe US dollar dipped to a two-week low as markets scaled back expectations of a Federal Reserve rate hike. Meanwhile, the Japanese yen rema...
- Charting the Global Economy: US hiring slows, eurozone CPI coolsIn Asia, Japan's economy is nearing a post-war growth record, buoyed by AI-driven exports, though some Chinese fund managers warn of an AI ...
- Global stocks: UAE markets end higher; IHC gains on India aluminium ventureUAE stock exchanges enjoyed a remarkable jump on Friday, paralleling an upswing in global indices after a lackluster U.S. jobs report eased...
- US stocks today: Nasdaq ends lower with tech slip; investors assess softer jobs dataUS markets closed mixed as weak June jobs data cooled rate hike fears. Nasdaq fell on tech and chip stock declines, while the Dow rose stro...
- US hiring falls to just 57,000 in June amid elevated inflation, global turmoilUS employers significantly slowed hiring last month, adding just 57,000 jobs, a stark contrast to previous months. This cautious approach s...
- Merchant, arbitrage flows extend rupee's losing streak even as dollar slumpsThe Indian rupee weakened for the fourth straight session against the dollar on Thursday, despite a weaker dollar and likely central bank i...
- Dollar steady as focus turns to US payrolls, yen intervention jitters persistMarkets are keenly awaiting crucial U.S. non-farm payrolls data on Thursday, with the dollar holding steady. Meanwhile, the Japanese yen's ...
- Gold extends gains on weak jobs data, lower oil pricesGold prices climbed on Thursday, reaching a one-week high, buoyed by weaker-than-expected U.S. jobs data and a dip in oil prices. Investors...
- US job openings stayed at a surprisingly strong 7.6 million in MayDespite the economic fallout from the Iran war and soaring energy prices, the U.S. job market shows surprising strength. Job openings in Ma...
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