Initial requests for unemployment benefits rise to 260,000. Continued orders reach the highest level in two months. Non-farm payrolls will be released on Friday. The United States Department of Labor reported that initial claims for unemployment benefits They increased by 6,000 in the week ended July 30, up to 260,000, in line with expectations and […]
Tag: employment
NZD/USD recovers from one-week low amid weaker dollar
NZD/USD rebounds from 1-week low hit in reaction to mixed New Zealand jobs report. A positive tone in the markets offers support for the kiwi. Recession fears and comments from Fed officials limit USD decline. The pair NZD/USD it rises back above 0.6250 during the European session, paring some of its losses on Tuesday, which […]
US: JOLTS Job Postings Drop to 10.7 Million in June
US JOLTS Job Openings declined sharply in June. The dollar index extends its recovery towards 106.00. The number of job openings fell to 10.7 million on the last business day of June, the US Bureau of Labor Statistics reported Tuesday in its Summary of Job Offers and Labor Rotation (JOLTS). This figure is slightly lower […]
US: Cost of Employment Index falls to 1.3% in the second quarter vs. 1.2% expected
The US Employment Cost Index rose 1.3% in the second quarter. The US dollar index remains in positive territory above 106.00. The US Bureau of Labor Statistics (BLS) reported on Friday that the Cost of Employment Index rose 1.3% in the second quarter, down from 1.4% in the first quarter, but slightly above the market […]
US: Initial subsidy claims fall from highs in months to 256,000
Jobless claims fall by 5,000 to 256,000. Continued orders fall from maximum in months to 1,359,000. The dollar falls after GDP data. The United States Department of Labor reported that Initial jobless claims fell by 5,000 in the week ending July 23 to 256,000, slightly above the 253,000 market consensus. In regards to the continued […]
US: Initial Jobless Claims Rise to Eight-Month Highs
Initial jobless claims rise slightly, to the highest level since the fourth quarter of 2021. Continued orders climb to 11-week highs. Market focused on ECB decisions. The United States Department of Labor reported that Initial jobless claims increased by 7,000 in the week ending July 16 to 251,000, the highest level in eight months and […]
UK: ILO Unemployment Rate Stabilizes at 3.8% in May, Meeting Estimates
The UK unemployment rate stabilized at 3.8% in May. The UK jobless claimant count fell by -20,000 in June. UK wages excluding bonuses rose 4.3% year-on-year in May, versus 4.3% expected. The Office for National Statistics (ONS) has shown on Tuesday that UK official jobless rate stood at 3.8% in May, vs. 3.8% previously and […]
Ergani: Positive employment balance in June 2022
The balance of salaried employment flows remained positive, both in June and during the first half of the year, according to the data of the “ERGANI” Information System. Specifically, during the past month, recruitment announcements amounted to 329,966, while resignations amounted to 310,853 (109,376 voluntary resignations and 201,477 terminations of open-ended contracts or expiration of […]
Australia: Unemployment rate falls to 3.5% in June vs. 3.8% expected
Today the report on the Australian labor market has been published, arriving the data as follows: Job change in Australia in June: +88,400 (expected 30,000, previous 60,600). June unemployment rate: 3.5% (expected 3.8%, previous 3.9%). Participation rate June: 66.8% (expected 66.7%, previous 66.7%). Full-time employment +52,900. The unemployment rate has fallen to a level not […]
The National Strategy for Active Employment Policies is in public consultation
The Ministry of Labor and Social Affairs is putting the National Strategy for Active Employment Policies (EPA) in an open, public consultation from today, July 13, inviting everyone interested to participate, submitting proposals for any improvement of its provisions. The purpose of the National Strategy for Active Employment Policies posted on the opengov.gr website (http://www.opengov.gr/minlab/?p=5710), […]
