unemployment-rates
InvestingFinancials, consumer staples boost FTSE 100; BoE rate hike bets rise
Top StoriesUK jobless rate holds at 3.8% as jobs boom continues
Top StoriesChina’s economy brakes sharply in Q2, global risks darken outlook
Top StoriesThe most coveted endorsement in race to be next British prime minister? Margaret thatcher
Jobs blowout cements case for another big fed rate hike
Date: July 8, 2022
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) – Another blowout jobs number will likely stiffen resolve at the Federal Reserve for a three-quarter-point interest rate increase at the central bank’s July meeting, as the welcome news of a still-strong job market clashes with concern that it will eventually have to cool to ease inflation....
Stocks dip, oil climbs in wake of strong U.S. jobs report
Date: July 8, 2022
By Pete Schroeder and Elizabeth Howcroft WASHINGTON/LONDON (Reuters) -Wall Street dropped and oil jumped Friday morning after a strong jobs report in the United States suggested the Federal Reserve may have further to go to cool off the economy and stifle inflation. Strong data from the U.S. Labor Department, which reported the United States added...
A ‘default’ when flush with cash: Five signs Russia ain’t sinking yet
Date: June 27, 2022
By Guy Faulconbridge LONDON (Reuters) – Russia may have defaulted for the first time on foreign bonds since the Bolsheviks refused to pay on a vast debt pile after the 1917 Revolution, but its $1.8 trillion economy is showing no sign of sinking just yet. The sanctions imposed by the West over Russia’s invasion of...
It’s time to invest in better careers education to prepare the workforce of tomorrow
Date: June 15, 2022
By Russell Hobby, CEO of Teach First Unemployment and access to skills and training opportunities continues to be a persistent challenge for young people, with the latest ONS figures revealing that over 700,000 young people are currently not in education, employment or training (NEET). Amongst those hardest hit are young people from disadvantaged backgrounds, who...
China’s factories perk up, but frail consumption points to weak economic recovery
Date: June 15, 2022
By Kevin Yao and Ellen Zhang BEIJING (Reuters) -China’s economy showed signs of recovery in May after slumping in the prior month as industrial production rose unexpectedly, but consumption was still weak and underlined the challenge for policymakers amid the persistent drag from strict COVID curbs. The data, however, provides a path to revitalise growth...
UK jobs market loses some of its inflation heat
Date: June 14, 2022
By William Schomberg and David Milliken LONDON (Reuters) – Britain’s jobless rate rose for the first time since late 2020 and other measures of the country’s hot labour market cooled, potentially easing inflation worries at the Bank of England which is due to raise rates again this week. With surging inflation weighing on the economy’s...