The unemployment rate is forecast to be unchanged at 3. There were 11.3 million job openings at the end of May, with 1.9 jobs for every unemployed person. The Fed wants to cool demand for labor to help bring inflation down to its 2% target. Employers likely continued to raise wages at a steady clip … Read more
2.7 percent is a new record low, down from April’s rate of 2.8 percent. The Civilian Labor Force (CLF) increased by 34,697 over-the-year to a 2022 record high of 2,284,598. Alabama’s average weekly wages have risen by 20 percent since May 2019. Alabama unemployment rate has dropped to a new low. The rate of 2.7 … Read more
CANBERRA – The Australian Bureau of Statistics (ABS) on Thursday published labor force data for January and revealed that the jobless rate was stable at 4.2 percent, equalling December as the lowest rate since August 2008. However, the total number of hours worked by Australians fell by 8.8 percent, or 159 million hours, from December … Read more
LONDON: UK payrolls jumped in January as Omicron fears receded but workers’ wage rises are failing to keep pace with soaring inflation, official data showed on Tuesday. The number of UK workers on payrolls rose 108,000 to a record-high 29.5 million last month, the Office for National Statistics said in a statement. The UK’s unemployment … Read more
LONDON: Britain’s unemployment rate dropped and payrolls recovered further at the end of last year despite the onset of the Omicron variant, official data showed on Tuesday. The unemployment rate fell to 4.1 per cent in the three months to the end of November, from 4.2 per cent in the quarter ending in October, the … Read more
MANILA, Dec. 7 (Xinhua) — Around 3.50 million Filipinos were out of work in October, down from the 4.25 million reported in September, according to a Philippine Statistics Authority (PSA) survey released on Tuesday. In an online briefing, PSA head Dennis Mapa said the October unemployment rate, 7.4 percent, was the third lowest reported this … Read more
The Saudi Bureau of Statistics has announced that the kingdom is one of the countries least affected by unemployment due to the global pandemic. By the end of 2020, the unemployment rate is 12.6 per cent. A statement from the Saudi Statistics Commission said that labour market reforms and economic activity had reduced the unemployment … Read more
