Category: Unemployment
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Unemployment in Israel fell in January
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The unemployment rate in Israel decreased to 2.6 % in January 2025, after the seasonal amendment, from 2.7 % in December 2024, according to the reports of the Central Bureau of Statistics. The unemployment rate is still at low levels of historical, although it was just less at 2.5 %…
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Unemployment in Israel falls to new low
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The unemployment rate in Israel fell to 2.5% in October, according to the Central Bureau of Statistics, compared to 2.7% in September. Unemployment, as defined in the broadest sense including the unemployed, employees placed on unpaid leave and those mobilized for reserve duty in the military, also fell to 3.4%…
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U.K. Labor Market Update: Wages Cool But Unemployment Rose Above Expectations
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The UK labor market showed mixed signs in the quarter ending September, with wage growth moderating but the unemployment rate rising more than expected. The Office for National Statistics (ONS) reported that regular wage growth (excluding bonuses) fell to 4.8% in the three months to September from 4.9% in August,…
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World Bank projects Kenya’s unemployment to worsen in 2024
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Kenya’s unemployment rate will worsen in 2024 compared to last year, reflecting a difficult economic environment marked by slowing business activity and a hiring freeze, a World Bank assessment showed. In a new report, the World Bank estimated the unemployment rate at 5.7% in 2024, slightly higher than the 5.6%…
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World Bank projects Kenya’s unemployment to worsen in 2024
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Kenya’s unemployment rate will worsen in 2024 compared to last year, reflecting a difficult economic environment marked by slowing business activity and a hiring freeze, a World Bank assessment showed. In a new report, the World Bank estimated the unemployment rate at 5.7% in 2024, slightly higher than the 5.6%…
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China’s youth unemployment rate hit a fresh high in the latest data
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Job market: more cooling may cause bigger unemployment jumps
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The Federal Reserve Bank of Kansas City’s annual economic symposium, held in Jackson Hole, Wyoming, is coming to a close. Here are some key takeaways from the conference: Powell’s Axis Federal Reserve Chairman Jerome Powell’s widely anticipated speech confirmed expectations of a rate cut at the central bank’s next meeting…
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Australian jobs report due 15 August 2024, the unemployment rate will not be 10.1%
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The Australian labour market report is due at 11.30am Sydney time. 0130 GMT 2130 EST (Wednesday) The unemployment rate is expected to remain steady at 4.1%. Yesterday, a special study conducted by Roy Morgan published its unemployment report for July: The “real” unemployment rate rose to 10.1% (up 1.8 percentage…
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Fed’s Goolsbee: Rising unemployment may indicate worsening job market
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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UK April ILO unemployment rate 4.4% vs 4.3% expected
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precedent 4.3% Employment change -140k vs. -100k expected Before -177 thousand Average weekly income is +5.9% vs. +5.7% 3-month/year forecast Previous +5.7%; Revised to +5.9% Average weekly income is +6.0% vs. +6.1% 3-month/year forecast precedent +6.0% Salaries may change -3k Previous -85K; Revised to -36k The unemployment rate is creeping…
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Forexlive Americas FX news wrap 7 Jun”: US adds 272K new jobs but unemployment rate rises
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The US jobs report came out stronger, but again there were some ambiguous/less strong elements. Nonfarm Payrolls rose 272K versus estimates of 185K. Private salaries increased by 229,000 compared to 170,000 according to estimates Average hourly earnings increased by 0.4% versus 0.3% expected Average year-over-year earnings increased by 4.1% versus…
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New Zealand Economy Shed Jobs in Q1, Unemployment Rate Rose to 4.3%
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The New Zealand economy unexpectedly lost jobs by 0.2% on a quarterly basis in the first quarter of 2024, raising the unemployment rate from 4.0% to 4.3% over the period. The principal components revealed that the labor force participation rate fell from 71.9% to 71.5%, indicating that people may be…