unemployment-rates
Top StoriesAirbus to cut up to 2,500 jobs in defence and space
InvestingGreece’s growth seen nearly unchanged in 2025, draft budget shows
FinanceDollar gains as ADP shows better than expected jobs gains
Top StoriesSolvay to cut 68 jobs in salindres site throughout 2025
UK reports sharpest rise in health-related welfare claims, study shows
Date: September 19, 2024
LONDON (Reuters) – Britain has seen the biggest rise in health-related welfare benefits among a group of similar economies, according to a report published on Thursday – underscoring the challenge which the new government faces to get people back into work. The Institute for Fiscal Studies, an independent think tank, said the number of...
Fed policymakers see end-2024 policy rate at 4.4%: Projections
Date: September 18, 2024
WASHINGTON (Reuters) – U.S. central bankers think they’ll need to lower interest rates to a range of 4.25%-4.50% by year-end, more than they anticipated in June, as inflation approaches their 2% goal and unemployment rises. That’s according to the median of new economic projections published on Wednesday by the Federal Reserve at the end of...
European shares have worst day in a month as investors digest mixed US data
Date: September 6, 2024
By Shubham Batra and Lisa Pauline Mattackal (Reuters) -European shares fell for a fifth straight session on Friday in their worst day since early August, after a widely anticipated U.S. jobs report offered mixed signals on the size of a potential Federal Reserve rate cut later this month. The pan-European STOXX 600 index fell 1%....
Job concerns weigh on German consumer sentiment in September, finds GfK
Date: August 27, 2024
BERLIN (Reuters) – German consumer sentiment is set to tumble going into September as slightly rising unemployment, job cuts and insolvency’s drive down income expectations, pushing back hopes of a stable economic recovery, a survey showed on Tuesday. The consumer sentiment index, published by GfK and the Nuremberg Institute for Market Decisions (NIM), fell...
UK employer pay awards soften in three months to July, brightmine survey shows
Date: August 21, 2024
(Reuters) – Pay awards granted by British employers fell during the three months to July, according to a survey on Wednesday that chimed with Bank of England forecasts for slowing wage growth. Median basic pay settlements in the three months to July were 4.5% higher than a year earlier, the smallest rise since the...
Sterling rises after UK unemployment rate unexpectedly falls
Date: August 13, 2024
By Harry Robertson LONDON (Reuters) -The pound rose on Tuesday after data showed Britain’s unemployment rate unexpectedly fell in June, although wage growth slowed. Figures showed the UK jobless rate dropped to 4.2% in June, down from 4.4% in May – defying expectations for a small rise. Sterling was last up 0.22% at $1.2794,...