unemployment-rates
Top StoriesNew swedish government to cut fuel taxes, boost defence, police in budget
TradingDollar tumbles as U.S. nonfarm payrolls show mixed picture
InvestingGlobal shares rise, U.S. dollar falls after strong jobs data
Top StoriesDollar sags, stocks rise after U.S. jobs temper rate expectations
Russian retail sales fall deeper, jobless rate rises in sept – data
Date: November 3, 2022
MOSCOW (Reuters) – Russian retail sales fell deeper and the jobless rate slightly increased in September, official data from the state statistics service Rosstat showed on Wednesday, after the Kremlin announced its first mobilisation since World War Two. Since September, the Kremlin has called up around 300,000 reservists for what it calls a “special military...
Global jobs growth will ‘deteriorate significantly’ this quarter – ILO
Date: October 31, 2022
By Emma Farge GENEVA (Reuters) – Global employment growth will “deteriorate significantly” this quarter, hit by the economic turmoil caused by the Ukraine war and by the impact of tighter monetary policy on consumption, the International Labour Organization (ILO) said on Monday, There are already signs that a recovery in global hours worked that was...
Strictly come inflation: The fed, ECB and BoE’s delicate dance
Date: October 26, 2022
By David Storm, Chief Investment Officer at RBC Wealth Management The strain on financial markets caused by rate hikes – Should central banks slow down? Central banks are playing catch up with inflation and when you do anything at high speed, the potential for accidents increases. Financial markets have also been racing to catch up,...
Royal mail warns of thousands of job cuts as it slides into red
Date: October 14, 2022
By Yadarisa Shabong (Reuters) -Royal Mail could cut up to 10,000 jobs and the loss-making business warned of more layoffs if planned strikes go ahead, as the company that is locked in a dispute with its largest union flags even deeper losses this year, sending shares 10% lower. The Communication and Workers Union (CWU), representing...
FTSE 100 falls for fifth session, eyes on BoE moves to stem bond rout
Date: October 11, 2022
By Sruthi Shankar and Bansari Mayur Kamdar (Reuters) -Britain’s main stock indexes fell on Tuesday, as geopolitical risks and the prospect of higher interest rates hit global markets, with investors focussing on fresh measures by the Bank of England (BoE) to try to stem the rout in government bonds. The central bank, battling to stabilise...
European shares hit over one-week low as recession worries weigh
Date: October 11, 2022
By Devik Jain and Amruta Khandekar (Reuters) -European shares fell for a fifth straight session on Tuesday, as investors fretted about the prospects of a global economic downturn and corporate profits being squeezed by rising interest rates as central banks step up their fight against inflation. The region-wide STOXX 600 index closed down 0.6%, hitting...