Category: Jobs
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USD/CAD bounces from the range low after soft Canadian jobs report. What’s next
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USD/CAD Daily The Canadian dollar fell after the unemployment rate rose in June to 6.4% from 6.2%. The market had expected it to rise slightly to 6.3% but the economy lost 1,400 jobs in the month and signs of weakness have mounted. That’s why the recent drop in USD/CAD could…
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US jobs report for June is likely to point to slower but still-solid hiring
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Breadcrumbs Path Links PMN Business Article author: Associated Press Paul Wiseman Posted on July 05, 2024 • Read for 4 minutes You can save this article by registering for free here. Or log in if you have an account. Article Content WASHINGTON (Reuters) – The U.S. labor market likely slowed…
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Global Stocks Hit Peak Level Before US Jobs Data: Markets Wrap
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(Bloomberg) — Global stocks are expected to hold onto record highs hit on Thursday as traders turn their attention to U.S. jobs data due Friday for clues on the Federal Reserve’s interest-rate cut. Most Read from Bloomberg Tokyo’s Topix index hit a new record before retreating. The moves followed gains…
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Weak U.S. Jobs Reports Extended The Dollar’s Losses On Wednesday
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The United States released a batch of economic data on Wednesday that could give markets clues to the outcome of Friday’s U.S. nonfarm payrolls report: the Challenger Report The data showed that U.S. employers announced 48,786 job cuts in June, down 23.6% from May but still 19.8% higher than June…
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USDCAD moves down toward low of multi-week range ahead of jobs reports on Friday
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The USD/CAD pair continued its downward movement today on the back of lower interest rates and weaker US data. Technically, the price moved below the 100 and 200-bar moving averages on the 4-hour chart yesterday, and remained below those moving averages in the early Asian session today, before moving lower…
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May jobs data in the limelight By Investing.com
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The index jumped on Friday, posting its best session of the year, as investors closed out a strong month after the Federal Reserve’s preferred inflation gauge met expectations. The Dow Jones Industrial Average rose 574.84 points, or 1.51%, to 38,686.32 points, thanks to gains in shares of Salesforce and UnitedHealth,…
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Jobs, inflation data may break the US Treasury market out of narrow range By Reuters
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By David Randall NEW YORK (Reuters) – A series of upcoming economic reports and testimony from Federal Reserve Chairman Jerome Powell before Congress could push U.S. government bonds out of a tight trading range. Yields on benchmark 10-year US Treasury bonds, which move inversely with bond prices, have risen between…
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Lack of jobs severest among 20-24 age group
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The unemployment rate for those between the ages of 20 and 24 rose to 15.6 percent in 2022 from 14.6 percent in 2021, indicating worsening unemployment among young people in a country suffering from a hiring freeze in companies. Data from the Kenya National Bureau of Statistics (KNBS) indicates that…
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Lack of jobs severest among 20-24 age group
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The unemployment rate for those between the ages of 20 and 24 rose to 15.6 percent in 2022 from 14.6 percent in 2021, indicating worsening unemployment among young people in a country suffering from a hiring freeze in companies. Data from the Kenya National Bureau of Statistics (KNBS) indicates that…
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Lack of jobs severest among 20-24 age group
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The unemployment rate for those between the ages of 20 and 24 rose to 15.6 percent in 2022 from 14.6 percent in 2021, indicating worsening unemployment among young people in a country suffering from a hiring freeze in companies. Data from the Kenya National Bureau of Statistics (KNBS) indicates that…
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Lack of jobs severest among 20-24 age group
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The unemployment rate for those between the ages of 20 and 24 rose to 15.6 percent in 2022 from 14.6 percent in 2021, indicating worsening unemployment among young people in a country suffering from a hiring freeze in companies. Data from the Kenya National Bureau of Statistics (KNBS) indicates that…
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Lack of jobs severest among 20-24 age group
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The unemployment rate for those between the ages of 20 and 24 rose to 15.6 percent in 2022 from 14.6 percent in 2021, indicating worsening unemployment among young people in a country suffering from a hiring freeze in companies. Data from the Kenya National Bureau of Statistics (KNBS) indicates that…
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Lack of jobs severest among 20-24 age group
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The unemployment rate for those between the ages of 20 and 24 rose to 15.6 percent in 2022 from 14.6 percent in 2021, indicating worsening unemployment among young people in a country suffering from a hiring freeze in companies. Data from the Kenya National Bureau of Statistics (KNBS) indicates that…
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Lack of jobs severest among 20-24 age group
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The unemployment rate for those between the ages of 20 and 24 rose to 15.6 percent in 2022 from 14.6 percent in 2021, indicating worsening unemployment among young people in a country suffering from a hiring freeze in companies. Data from the Kenya National Bureau of Statistics (KNBS) indicates that…
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Lack of jobs severest among 20-24 age group
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The unemployment rate for those between the ages of 20 and 24 rose to 15.6 percent in 2022 from 14.6 percent in 2021, indicating worsening unemployment among young people in a country suffering from a hiring freeze in companies. Data from the Kenya National Bureau of Statistics (KNBS) indicates that…
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Central Bank of India Apprentice Recruitment 2024 – Apply Online for 3000 Posts
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Name of the Post: Central Bank of India Apprentice Re Open Online Form 2024 Post Date: 23-02-2024 Latest Update: 07-06-2024 Total Vacancy: 3000 Brief Information Central Bank of India has published a notification for the recruitment of Apprentice Vacancy. Those Candidates who are interested in the vacancy details & completed all eligibility criteria…
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SBI SO (Trade Finance Officer) Recruitment 2024 – Apply Online for 150 Posts
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Name of the Post: SBI SO (Trade Finance Officer) 2024 Online Form Post Date: 07-06-2024 Total Vacancy: 150 Brief Information State Bank of India (SBI) has Published a notification for the recruitment of Specialist Cadre Officer (Trade Finance Officer) Vacancy. Those Candidates who are interested in the vacancy details & completed all eligibility…
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Generative AI Set to Disrupt Jobs and Widen Inequality, IMF Warns
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The International Monetary Fund (IMF) has issued a stark warning about the profound labor market disruptions and inequality that AI could cause, urging governments to step up economic protectionism to protect their economies. In a recent report, the International Monetary Fund highlighted that advances in artificial intelligence technology could lead…
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FedEx to cut up to 2,000 back-office jobs in Europe amid weak freight demand By Reuters
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Written by Ananta Agarwal (Reuters) – FedEx plans to cut between 1,700 and 2,000 back-office jobs in Europe, in its latest cost-cutting effort as the package delivery giant faces a decline in demand for shipping. FedEx (NYSE:) said the cuts will extend over 18 months and will result in a…
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FX Watch: GBP/JPY’s Downtrend Ahead of U.K.’s Jobs Data
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The GBP/JPY pair has seen lower highs since it was rejected from the 200.50-201.00 area in late May. why not? Threats of the Bank of England (BOE) to shift to dovish and mixed data from the UK are deterring the bulls. Meanwhile, a bit of risk aversion and talks about…