The greenback charted new 24-year highs above 128 yen. The buck was 0.37% higher at 137.935 yen after reaching 138.015. It touched $0.9998 on Wednesday, its highest level since December.2002. The Bank of Canada surprised markets with a percentage-point rate hike. The greenback lost as much as 0.52% to 56 Philippine pesos. New Zealand dollar … Read more
Australia’s unemployment rate fell to its lowest level in 48 years on Thursday, giving Prime Minister Scott Morrison a potential pre-election boost. The official statistics organization said that the jobless rate fell to 3.85 percent in April, offering some positive news just two days before the federal elections. It was the lowest level of unemployment … Read more
SEOUL – South Korea’s employment growth hit a seven-year high last year amid the labor market recovery from the COVID-19 pandemic downturn, statistical office data showed on Wednesday. The number of those employed totaled 27,273,000 in 2021, up 369,000 from the previous year, according to Statistics Korea. It rebounded from the reduction of 218,000 in … Read more
LONDON: Unemployment in Britain has fallen again, despite the end of a government scheme to keep millions of private-sector workers in their roles during the coronavirus pandemic, official data showed on Tuesday. The jobless rate, which measures the number of people out of work as a proportion of the working population as a whole, slipped to … Read more
