portion of a workforce population that is not employed
Layoffs could spike as recession is already here, forecaster says: Headline job growth has been strong recently, but commentators have pointed to mixed signals ...
businessinsider.com/recession-outlook-layoffs-job-market-economy-unemployment-rate-hard-landing-2024-4
Why so many Chinese graduates cannot find work: Our number-crunching suggests that their plight could be much worse than previously thought
economist.com/china/2024/04/18/why-so-many-chinese-graduates-cannot-find-work
Paid articlePaid
German unemployment seen rising to highest level in almost a decade: Germany's economic weakness is finally taking a toll on the labour market ...
reuters.com/markets/europe/german-unemployment-seen-rising-highest-level-almost-decade-2024-04-26/
The US GDP rose 1.6% in the first quarter, well below economists' estimates of 2.4%, at its slowest pace in nearly two yearswww.reuters.com/markets/us/us-economic-growth-slows-more-than-expected-first-quarter-2024-04-25/
Quick Glance: Disappointing Q1 Economic Growth and Implications
- The U.S. GDP grew at a rate of 1.6% in the first quarter, falling below expectations due to slower inventory replenishment and weak export growth.
- Despite the disappointing growth last quarter, this could potentially alter the views of Fed officials who were not keen on cutting rates following an upsurge in consumer prices.
- Some analysts believe that the weaker-than-expected report indicates the beginning of a broader economic slowdown.
- The report also highlights the performance of other sectors of the economy, such as the surge in housing construction, business investment growth, slower government spending, and the impact of trade on economic growth.
Inflation in U.K. Slows to 3.2%, Lowest in More Than 2 Years: As the economy cools, pressure is building on the Bank of England to cut interest rates.
nytimes.com/2024/04/17/business/uk-inflation-economy-interest-rates.html
Quick Glance: Powell Warns of Lack of Progress on Inflation
- Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.
- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
Reserve Bank set to update interest rate outlook as oil prices spike: Business & Investing: The price of a barrel of oil surged above US$90 a barrel for the ...
newsroom.co.nz/2024/04/08/reserve-bank-set-to-update-interest-rate-outlook-as-oil-prices-spike/
Concern for Bank of England as real earnings growth at highest rate since 2021: While the wage figures are good news for households on the face of it ...
news.sky.com/story/real-earnings-growth-at-its-highest-rate-in-nearly-two-and-a-half-years-13116319
Quick Glance: Rising Real Earnings Growth Raises Concerns at Bank of England
- An unexpectedly weaker decline in the pace of wage increases has led to real earnings growth reaching its highest level in nearly two and a half years when considering inflation, according to the latest official data.
- Recent official figures indicate that average regular pay without bonuses was at 6% in the three months to February compared to the previous year.
- The broader ONS statistics revealed an increase in the UK's unemployment rate from 3.9% to 4.2%, with caution due to ongoing efforts to enhance the reliability of employment data.
- The forthcoming inflation data expected on Wednesday is likely to demonstrate further progress towards the Bank's objectives and the potential for a decrease from the current 5.25% interest rate.
Nearly half of Jamaicans are of the view that things are going in the wrong direction, citing unemployment among youth as a major indicator ... Show more jamaica-gleaner.com/article/lead-stories/20240424/wrong-way #GLNRToday
10 years of Modi: 3 out of 5 girls not in high school, only 37% women in labour force
newslaundry.com/2024/04/22/10-years-of-modi-3-out-of-5-girls-not-in-high-school-only-37-women-in-labour-force
White-Collar Hiring Stalls Out in Miami, Austin Job Markets: Hiring in professional services, finance and technology is running at one-third the rate of the ...
bloomberg.com/news/articles/2024-04-25/white-collar-hiring-stalls-out-in-miami-austin-job-markets
Unemployment biggest worry in India, world's fastest growing economy: Reuters poll
reuters.com/world/india/unemployment-biggest-worry-india-worlds-fastest-growing-economy-2024-04-24/
How tight labor markets fuel a productivity surge: Scarce workers give companies extra incentive toward efficiency.
axios.com/2024/04/24/labor-market-worker-productivity-fed-economy
Why unemployment in Spain is rising and what's being done to cap it?: The abundance of temporary contracts, as well as low productivity have both ...
euronews.com/business/2024/04/26/why-is-spains-unemployment-rate-rising-and-whats-being-done-to-cap-it
PM Modi’s govt claims that India’s unemployment rate has been reducing over the years. But how accurate are the official figures?@thekorahabraham breaks down India’s ... Show more www.youtube.com/watch
US weekly jobless claims unexpectedly fall: The number of Americans filing new claims for unemployment benefits unexpectedly fell last week ...
reuters.com/markets/us/us-weekly-jobless-claims-unexpectedly-fall-2024-04-25/
PM Modi’s govt claims that India’s unemployment rate has been reducing over the years. But how accurate are the official figures?@thekorahabraham breaks down India’s ... Show more www.youtube.com/watch
📊 A large-scale study has compared Prague's housing, salaries, urban mobility, and more factors with 10 other EU cities, including Vienna, Milan, and Barcelona ... Show more www.expats.cz/czech-news/article/housing-work-and-play-how-prague-life-compares-with-10-eu-cities
North America Construction Outlook: Politics And Policy Rates Test The Sector's Resilience
think.ing.com/articles/north-america-construction-outlook-resilience-tested-by-politics-policy-rates/
Paid articlePaid
Why Indian Voters See Job Creation as the Election’s Biggest Issue: India's economy is strong—but voters are worried about unemployment under a potential third ...
time.com/6970064/india-election-modi-unemployment-jobs/
Nebraska unemployment rate increases in March compared with a year ago: The state unemployment rate was 2.5% last month for the seventh consecutive month and ...
omaha.com/news/state-regional/business/nebraska-unemployment-rate-increases-in-march-compared-with-a-year-ago/article_37810586-d620-5a25-bdc3-1ae68471015e.html
Finland's unemployment rate hits 9% in March: A quarter of a million people were out of work in Finland last month, with youth unemployment climbing to 26 ...
yle.fi/a/74-20085366
Unemployment emerges as top concern in India despite economic growth: Reuters poll
wionews.com/business-economy/unemployment-emerges-as-top-concern-in-india-despite-economic-growth-reuters-poll-714411
Beyond the spin, beyond the handouts, here's how to get a handle on what's really happening on budget night
abc.net.au/news/2024-04-24/budget-beyond-the-spin-what-to-expect/103758950
SC Republicans want to limit unemployment benefits. The Senate has questions: South Carolina is already among the nation's hardest states to earn unemployment ...
postandcourier.com/politics/unemployment-benefits-limited-statehouse-bill-weekly/article_082e51b4-0186-11ef-8111-8bbc23069dff.html
Dawn Business : Notwithstanding a relatively better global outlook, the International Monetary Fund (IMF) on Tuesday maintained Pakistan’s economic growth prospects for ... Show more www.dawn.com/news/1827913/pakistan-to-grow-at-2pc-face-25pc-inflation-imf #DawnToday #DawnBusiness
Quick Glance: IMF upgrades global growth forecast despite risks
- The International Monetary Fund slightly raised its global growth forecast on Tuesday, noting that the economy had proven 'surprisingly resilient' despite inflationary pressures and monetary policy shifts.
- IMF's chief economist, Pierre-Olivier Gourinchas, indicated that the global economy is heading for a 'soft landing,' with risks to the outlook now broadly balanced.
- While advanced economies are expected to lead the growth, dim prospects in China and other major emerging markets could impact global trade partners, according to the report.
- Despite Tuesday's brighter outlook, global growth remains low compared to historical standards, partly due to weak productivity growth and increasing geopolitical fragmentation.
Goldman Sachs BDC: High Interest Rates Causing Increased Non-Accruals: Goldman Sachs BDC (GSBD) underperforms peers in total return, with worsened credit quality ...
seekingalpha.com/article/4685298-goldman-sachs-bdc-high-interest-rates-causing-increased-non-accruals
Paid articlePaid
Drawing women into the workforce: COMPANIES should look at offering flexible working hours to attract more women to join the “tight labour market” in the country ...
thestar.com.my/metro/metro-news/2024/04/23/drawing-women-into-the-workforce
Perceived job security in Canada falls to lowest since COVID-19 - BNN Bloomberg: Net job security plunged to 44.9 per cent, its lowest level since May 2020 ...
bnnbloomberg.ca/perceived-job-security-in-canada-falls-to-lowest-since-covid-19-1.2062143
Taiwan's unemployment rate falls slightly to 3.38% in March - Focus Taiwan: Taiwan's jobless rate dropped slightly to 3.38 percent in March, the lowest level for ...
focustaiwan.tw/business/202404220021
Why Joe Biden Really, Really Wants Lower Interest Rates: If Jerome Powell would lower interest rates — and therefore make housing and much of everything else ...
nymag.com/intelligencer/article/why-joe-biden-really-really-wants-lower-interest-rates.html
10 years of Modi: 3 out of 5 girls not in high school, only 37% women in labour force
newslaundry.com/2024/04/22/10-years-of-modi-3-out-of-5-girls-not-in-high-school-only-37-women-in-labour-force
$BAC $BAC.PR.L $BAC.PR.S - Bank of America (BAC) Q1 2024 Earnings Call Transcript. #investing #business #finance
Universal Credit change call as experts say some £2,800 worse off: The element of Universal Credit covering ill health is set at a lower rate than the ...
walesonline.co.uk/news/cost-of-living/universal-credit-urgent-dwp-change-28996820
Q2 Update: 2024 Market Outlook on Stocks and the Economy: Our expectations for the US equity market, plus top stock picks for the quarter.
morningstar.com/markets/q2-update-2024-outlook-stock-market-economy
Australia’s unemployment rate rises to 3.8% in March as employers shed more than 6,000 jobs
theguardian.com/australia-news/2024/apr/18/australias-unemployment-rate-rises-to-38-in-march-as-employers-shed-more-than-6000-jobs
Latest UK inflation fall matches Bank of England expectations, Bailey says: British inflation is broadly declining in line with the Bank of England's forecasts ...
reuters.com/world/uk/boes-bailey-says-latest-inflation-fall-line-with-forecasts-2024-04-17/
All eyes on inflation as unemployment edges up: The jobs market remains tight despite continued cost-of-living pressures and lacklustre consumer spending - which ...
theage.com.au/politics/federal/all-eyes-on-inflation-as-unemployment-edges-up-20240418-p5fkpw.html
28100 #Saudis join private employment market for first time in March saudigazette.com.sa/article/642163
UK Unemployment Jumps to Six-Month High After Economy Cools: Britain’s unemployment rate rose unexpectedly to the most in six months as the number of jobs in the ...
bloomberg.com/news/articles/2024-04-16/uk-unemployment-jumps-to-six-month-high-after-economy-cools
Q2 Update: 2024 Market Outlook on Stocks and the Economy: Our expectations for the US equity market, plus top stock picks for the quarter.
morningstar.com/markets/q2-update-2024-outlook-stock-market-economy
Bay Area bounces back with job gains in March, led by South Bay hiring: The job markets in the Bay Area and California powered to robust job gains in March ...
mercurynews.com/2024/04/19/bay-area-job-tech-economy-covid-layoff-hotel-restaurant-store-march/
U.S. unemployment is underestimated due to immigration mismeasurement: Goldman : The unemployment rate would be higher if the full impact of immigration ...
marketwatch.com/story/u-s-unemployment-would-be-higher-if-illegal-immigration-was-properly-counted-goldman-sachs-estimates-3df87d4c
India’s youth can give the country an edge — if they get the jobs they desire: Their unleashed aspirations are unlikely to be satisfied by gig-worker jobs with ...
indianexpress.com/article/opinion/columns/indias-youth-can-give-the-country-an-edge-if-they-get-the-jobs-they-desire-9278412/
Philly is seeing positive trends on income and jobs, but intractable problems remain, ‘State of the City’ report says
inquirer.com/news/philadelphia/pew-state-city-2024-philadelphia-data-20240418.html
China’s Rising Youth Unemployment Needs Attention, Official Says: China’s rising youth unemployment rate needs more scrutiny, a government official warned ...
bloomberg.com/news/articles/2024-04-16/china-s-rising-youth-unemployment-needs-attention-official-says
Paid articlePaid
After the Bell: The two important questions facing SA’s economy: What will it take to get the economic growth rate moving again? How many times do we have to ask ...
dailymaverick.co.za/article/2024-04-17-bm-tim-atb-2questions/
The number of Americans applying for jobless benefits holds steady as labor market remains strong
bostonglobe.com/2024/04/18/business/number-americans-applying-jobless-benefits-holds-steady-labor-market-remains-strong/
Minneapolis Fed president on inflation uptick and when to cut interest rates: Inflation came in higher than expected last month, raising concerns once again ...
pbs.org/newshour/show/minneapolis-fed-president-on-inflation-uptick-and-when-to-cut-interest-rates
Around 7,000 jobs were lost in March, bringing the unemployment rate up to 3.8 per cent, while nearly 21,000 workers joined the jobless queue ... Show more ab.co/abcnewsapp
The unemployment rate has edged up from 3.7 to 3.8 per cent in March.
This data comes as the Australia Bureau of Statistics estimate that there were 6 ... Show more ab.co/abcnewsapp
UK Jobs and Pay Data Poses a Dilemma for the Bank of England: Sticky wages and falling vacancies don’t make the Bank of England’s life any easier.
bloomberg.com/news/newsletters/2024-04-16/uk-jobs-and-pay-data-poses-a-dilemma-for-the-bank-of-england
Minneapolis Fed president on inflation uptick and when to cut interest rates: Inflation came in higher than expected last month, raising concerns once again ...
pbs.org/newshour/show/minneapolis-fed-president-on-inflation-uptick-and-when-to-cut-interest-rates
U.S. GDP growth isn’t cooling off after all—expect more jobs, more inflation, and fewer rate cuts, Wells Fargo says
fortune.com/2024/04/15/economy-outlook-2024-no-landing-more-inflation-growth-fewer-rate-cuts-wells-fargo/
Paid articlePaid
But the cuts may not come soon enough.
Read article - www.oneroof.co.nz/news/tony-alexander-the-scene-is-slowly-being-set-for-some-quick-interest-rate-cuts-45356 #onerooftopstories #news #realestate #newzealand #property #housingmarket VIA OneRoof
Easing inflation paves way for softer monetary policy in the Eurozone: As inflation in the Eurozone decelerates to a more manageable rate of 2.4% in March 2023 ...
helsinkitimes.fi/world-int/25123-easing-inflation-paves-way-for-softer-monetary-policy-in-the-eurozone.html
What less drama in the job market means for job seekers: Job quitting and wage growth aren't that dramatic anymore. However, it's a good labor market for job ...
businessinsider.com/goldilocks-job-market-openings-quitting-unemployed-wage-growth-job-seekers-2024-4
Scotland’s employment rate rises according to latest stats: The number of people in work in Scotland has risen but remains below the UK average ...
heraldscotland.com/news/24255613.scotlands-employment-rate-rises-according-latest-stats/
Unemployment rate ticks lower in February - Latest News: The unemployment rate declined slightly from 9 percent in January to 8.7 in February ...
hurriyetdailynews.com/unemployment-rate-ticks-lower-in-february-192482
For Brunswick, Macroeconomic Conditions Are Key: Brunswick is dominant in the boating industry, with a strong financial position and capable management ...
seekingalpha.com/article/4683834-for-brunswick-macroeconomic-conditions-are-key
Paid articlePaid
Iran-Israel explosion blows Asia’s Fed hopes asunder: Anyone laughing at Lawrence Summers for predicting that the US Federal Reserve’s next move may be a ...
asiatimes.com/2024/04/iran-israel-explosion-blows-asias-fed-hopes-asunder/
Fed’s Williams sees inflation falling ‘closer’ to 2% target by next year: If economy performs as expected, rate cuts can start this year, New York Fed president ...
marketwatch.com/story/feds-williams-sees-inflation-falling-to-2-despite-recent-bumps-3eb11a41
South Korea March job growth smallest in more than three years: South Korea's job growth slowed to its lowest in more than three years in March ...
reuters.com/markets/asia/south-korea-march-job-growth-smallest-more-than-three-years-2024-04-11/
Bernanke Review: How the former Fed boss could shake up the Bank of England: The Bank of England will on Friday publish a long-awaited review by former Federal ...
cnbc.com/2024/04/10/bernanke-review-how-the-former-fed-boss-could-shake-up-the-bank-of-england.html
World economy's great escape worries G-20 amid surging geopolitical risks: IMF chief Kristalina Georgieva has signaled that the fund will also slightly raise its ...
business-standard.com/world-news/world-economy-s-great-escape-worries-g-20-amid-surging-geopolitical-risks-124041400062_1.html
US recession outlook: Economy is sending mixed signals about a downturn: "The pandemic and the enormous policy responses from both monetary and fiscal ...
businessinsider.com/economy-recession-outlook-mixed-signals-early-late-cycle-interest-rates-2024-4
Fewer Americans file for jobless claims as labor market continues to shrug off higher interest rates
bostonglobe.com/2024/04/11/business/fewer-americans-file-jobless-claims-labor-market-continues-shrug-off-higher-interest-rates/
Philippine unemployment rate down to 3.5%, job quality better in February: MANILA: The number of jobless Filipinos went down in February to 1.8 million, from 2 ...
thestar.com.my/aseanplus/aseanplus-news/2024/04/11/philippine-unemployment-rate-down-to-35-job-quality-better-in-february
The long wait for lower US interest rates: Attention farmers and other business borrowers: Interest rates are going to stay higher longer than expected just a ...
asiatimes.com/2024/04/the-long-wait-for-lower-us-interest-rates/
The number of unemployed in the country has decreased, according to the latest labor force survey.
This is due to the increase in employment in some sectors ... Show more news.abs-cbn.com/business/2024/4/11/unemployment-underemployment-fall-in-february-915
San Diego rent prices are hardly moving. Here's where you might find a deal: Average monthly rent is around $2,423 a month, said real estate tracker CoStar, a 0 ...
sandiegouniontribune.com/business/story/2024-04-12/san-diego-rent-prices-are-hardly-moving-what-gives
PDP chief, APC disagree over Ebonyi unemployment rate: The governorship candidate of the Peoples Democratic Party for the March 18, 2023 elections in Ebonyi ...
punchng.com/pdp-chief-apc-disagree-over-ebonyi-unemployment-rate/
Tom Saler: Experts were wrong about the U.S. economy falling into recession. Here's why.
jsonline.com/story/money/business/2024/04/11/tom-saler-experts-predicted-a-recession-heres-why-they-were-wrong/73148992007/
India's economy boosts jobs, but for unskilled and semi-skilled workers: It is not really a case of jobless growth, just that job creation is more for the ...
business-standard.com/economy/news/the-skill-handicap-124041100720_1.html
Paid articlePaid Stock Market Today: Dow, S&P Live Updates for April 8: Asian stocks are set to follow Wall Street higher after Friday’s jobs print indicated a strong US economy ...
bloomberg.com/news/articles/2024-04-07/asian-stocks-set-for-gains-eyes-on-daily-yuan-fix-markets-wrap
Paid articlePaid 'Misery index' can predict White House wins — but it may be broken: Inflation has cooled and the unemployment rate has stayed low, but it seems plenty of people ...
businessinsider.com/misery-index-economy-inflation-unemployment-joe-biden-donald-trump-election-2024-4
US weekly jobless claims fall more than expected; continuing claims rise: The number of Americans filing new claims for unemployment benefits fell more than ...
reuters.com/markets/us/us-weekly-jobless-claims-fall-more-than-expected-continuing-claims-rise-2024-04-11/
Why We Won't See A Recession In 2024: Wage growth continues to trend lower, while a spike in unemployment that would trigger a recession appears unlikely from ...
seekingalpha.com/article/4683255-why-we-wont-see-recession-2024
Paid articlePaid
Larry Summers Says June Rate Cut Could Be 'Dangerous And Egregious Error' After Hotter-than-Expected Marc
benzinga.com/analyst-ratings/analyst-color/24/04/38196450/larry-summers-says-june-rate-cut-could-be-dangerous-and-egregious-error-after-hotte
New to NewsWall?
Sign up now to get your own personalized news!
Trending topics